10 Forrest Street, Fremantle, WA 6160 | Property Value & History | OnTheHouse
OFF MARKET

10 Forrest Street
Fremantle WA 6160

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 855m2
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Property Details for 10 Forrest St, Fremantle

10 Forrest St, Fremantle is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1967. The property has a land size of 855m2.

Building Type
Unit
Year Built
1967
Land Size
855m2
Local Government
Fremantle
Lot/Plan
4/D030237

Last Listing description (August 2024)

ACCOMMODATION
Set across 855 sqm (approx.), this three-story apartment complex hosts ten 2-bedroom, 1-bathroom units; 6 units are currently tenanted and the remaining are owner-occupied.

The current structure is propped with further plans to improve the structural soundness of the property, this rare opportunity provides the potential to complete the outstanding structural works and hold the units with continued rental income, or completely redevelop the block, taking full advantage of the R25 zoning.

INVESTORS INFORMATION
Based on the current market potential: rental value of $455.00 - $500.00 per week per unit, with potential rental returns of $236,000 - $286,000 per annum (approx.).
Ten 2 bedroom, 1 bathroom units
2 ground-floor units, plus ground-floor parking
Elevated prime position with potential stretching views
Ample access to East Fremantle Primary School and John Curtin College of Arts
R25 Zoning
855sqm block (approx.) currently occupied with a 3-storey complex

LOCATION
Enviously located in an elevated position, with prime access to both East Fremantle Primary School and the highly sought-after John Curtin College of Arts. Close to the cultural heart of Perth, wander down to the newly opened Fremantle FOMO food and beverage Precinct and Fremantle Civic Centre only 1.4km away. Otherwise, take advantage of the range of wine and food outlets in the Fremantle Central Hub. Take a mid-summer rest and be spoiled for choice by many nearby beaches. An ideal location for redevelopment or to continue to attract quality tenants.

CONTACT
Represented by Team Addenbrooke; for further information or to discuss your options, contact us directly or text "10 Forrest" to 0437 414 178 for your free digital brochure.

*NOTE
Internal property images are used for illustrative purposes only and are not representative of all apartments or their current presentation.

Property History for 10 Forrest St, Fremantle, WA 6160

A timeline of how this property has performed in the market
  • 18 Jul 2023
    Listed for Sale Expressions Of Interest
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About Fremantle 6160

The size of Fremantle is approximately 5.5 square kilometres. There are 24 parks, covering nearly 26.0% of the total area. The population of Fremantle in 2016 was 8211 people. By 2021 the population was 9251 showing a population growth of 12.7% in the area during that time. The predominant age group in Fremantle is 30-39 years. Households in Fremantle are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fremantle work in a professional occupation.In 2021, 55.60% of the homes in Fremantle were owner-occupied compared with 54.20% in 2016.

Fremantle has 6,295 properties. Over the last 5 years, Houses in Fremantle have seen a 71.08% increase in median value, while Units have seen a 76.38% increase. As at 31 July 2026:

  • The median value for Houses in Fremantle is $1,677,765 while the median value for Units is $880,628.
  • Houses have a median rent of $950 while Units have a median rent of $750.
There are currently 54 properties listed for sale, and 24 properties listed for rent in Fremantle on OnTheHouse. According to Cotality's data, 256 properties were sold in the past 12 months in Fremantle.

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.