First published 14 Oct 2026, 10:23am
Two waterfronts define North Fremantle, one of Perth’s most prized addresses: the Swan River and the Indian Ocean.
Between them, riverside walks, ocean swims, cafes and boutique shopping shape everyday life, with Fremantle’s cultural heart just minutes away. This balanced mix of a convenient, nature-led lifestyle is proving popular with buyers.
According to realestate.com.au data for September 2025 to August 2026, North Fremantle’s median unit price reached $1.375 million, up 18.6% over the preceding 12 months.
Megara’s Serai brings a new expression of coastal living to the neighbourhood, with 87 apartments and 11 townhouses designed around expansive outlooks and resort-style luxury. Newly completed, the development’s final release is now selling.
“Serai offers buyers the opportunity to upgrade both their home and their lifestyle,” says Megara Director, Jamie Clarke. “They’re drawn to the generous, beautifully finished residences, but equally to the lifestyle that comes with them.”
For buyers leaving a larger property, they don’t need to worry about sacrificing living space.
Mr Clarke describes the transition as “right-sizing”, with some Serai apartments comparable in size to purchasers’ existing homes.
“Serai allows buyers to downsize but not downgrade,” he says. “It’s about enjoying more of what they love, with less maintenance and greater freedom to lock up and leave.”
Serai by Megara Property offers move-in-ready homes in North Fremantle's waterside precinct.
Inspired by the cliffs of Italy’s Amalfi Coast, Serai’s architecture brings a Mediterranean influence to its North Fremantle setting.
“The Amalfi Coast inspiration comes through most strongly in Serai’s striking white banding and tiered architectural form,” Mr Clarke says.
“The layered terraces and sweeping curves create a sense of movement and openness.”
Architect Felipe Soto and the wider project team also sought to make the most of Serai’s position between the river and ocean.
“The design focused on achieving views for as many residences as possible,” Mr Clarke says, with some homes enjoying panoramic outlooks in three directions – a guiding idea behind the building’s distinctive triangular, tiered form.
Landscaping by Aspect Studios complements the architecture, with construction delivered by West to West Group.
In the final release, two-bedroom residences start from $1.495 million, three-bedroom residences from $1.995 million and four-bedroom townhouses from $2.99 million. The Penthouse Collection starts from $3.95 million.
The Amalfi-inspired design of Serai makes the most of the location's river and ocean views.
Prospective buyers can now explore Serai’s styled residences and resort-style amenities for themselves.
“There’s a real difference between seeing a render and experiencing Serai in person,” Mr Clarke says.
“Buyers can now walk through and truly appreciate the sense of space, natural light, quality of the finishes and the views from each home.”
That experience is different in every residence, from the high ceilings and generous balconies to the seamless connection between indoor and outdoor living.
“Each apartment takes on a unique look and feel,” Mr Clarke says.
The finished result has even held a few surprises for the development team.
“There are apartments where the outlook has turned out to be even better than we anticipated, which has been wonderful to see,” Mr Clarke says.
With the homes already completed, buyers can see the quality of each Serai residence for themsevles.
At Serai, luxury extends beyond the front door, with resort-style amenities for wellness, recreation and entertaining family and friends.
“A day at Serai might start with an early swim in the heated pool or a workout in the gym, followed by coffee on your balcony and a walk along the river,” Mr Clarke says.
The amenity offering extends to a yoga studio, sauna and steam room, while a makers studio, watercraft storage and outdoor barbecue area cater to creative pursuits, time on the water and relaxed entertaining.
“As the afternoon turns to evening, you could enjoy a drink around the firepit, host family and friends for dinner in the residents’ kitchen and dining room or settle in for a game of pool,” Mr Clarke says.
Inside the homes, passive solar design, energy-efficient appliances, waterwise fixtures, smart metering, solar PV and EV-ready provisions support more efficient living.
Individually, Mr Clarke says, these initiatives can feel quite subtle, “but together they create a home that is more considered, efficient and sustainable without compromising on comfort or luxury.”
From a river-view pool to spaces for fitness and relaxation, Serai residents will experience a resort-like lifestyle.
With Serai’s final release now selling, buyers have the opportunity to settle into their next chapter ahead of the summer holidays.
“It means the lifestyle they’ve been imagining is ready and waiting for them,” Mr Clarke says.
“They can walk through the residences, experience the quality and views for themselves, and move in without the uncertainty or long wait that can come with buying off the plan.”
The styled residences are open for viewings on Saturdays or by private appointment.
Serai’s design was inspired by the cliffs of the Amalfi Coast, these stunning residences in North Fremantle are now complete and ready to move into! Nestled between the Swan River and the Indian Ocean, Serai residents’ will enjoy breathtaking views, unrivalled resort-style amenities, opulent fixtures and fittings and sustainable features. Reimagine every-day living in an enviable, waterside location surrounded by, cafés, restaurants and boutique shopping.
