16th November 2013.
Shifting its interests to Fremantle was a "calling" for boutique developer Match, says managing director Lloyd Clark.
"There are only a few locations Australia -wide that offer connections to both coastal and cosmopolitan environments. When coupled with the sheer level of infrastructure improvements being planned by local government, the environment is really poised for great things:" he said.
Apartment projects Helm in Port Coogee, the Heirloom in central Fremantle, Move in South Fremantle, Tempo in South Beach and the award -winning Summer, also in South Beach, are among Match's developments in the area.
"One of the most compelling factors of the Fremantle region is its untapped potential," Mr Clark said.
"The Fremantle revitalisation program, and specifically our Heirloom project, will open Fremantle up to the harbour and create a new activity centre. Equally, Port Coogee is only in early stages of development. These are unprecedented opportunities to get in on the ground floor, yet still enjoy the benefits of an established area and high rental returns.
According to Match's data, furnished apartments in the corporate market are attracting about $1000 a week, with one and two -bedroom unfurnished apartments generally renting for about $500 and $700 respectively.
"To us, the equation is simple. People will always want to live near water and who doesn't love Fremantle," Mr Clark said.
"It is an environment that really embraces the benefits of urban living, and also provides great access to Perth's waterways. There really isn't much to dislike about it, so the only role for us, as a developer, is to make sure we create product to meet the demand:"