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Fremantle vs Melville

Property investment comparison - Fremantle, WA 6160 vs Melville, WA 6156

Head-to-head across core investment metrics: Fremantle wins 3, Melville wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricFremantleMelville
Median house price$1.6M$1.6M
Median unit price-$835K
Gross rental yield (houses)2.96%-
Gross rental yield (units)4.35%4.25%
1-year house growth+13.9%estimate+15.2%estimate
3-year house growth--
Vacancy rate1.0%2.1%
Population9,2516,204

Fremantle vs Melville: what the numbers say

The median house price is $1.6M in Fremantle and $1.6M in Melville, so Fremantle is the cheaper entry point, with Melville houses about 1% dearer.

Over the past year house prices moved +13.9% in Fremantle (an estimate) and +15.2% in Melville (an estimate), so recent momentum favours Melville, although both suburbs recorded growth.

Rental vacancy is 1.0% in Fremantle and 2.1% in Melville, so landlords in Fremantle face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Fremantle is the bigger suburb, with a population of 9,251 against 6,204, larger than Melville; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Fremantle for a lower purchase price, Melville for recent price momentum, Fremantle for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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