Nedlands is an average performer in WA when comparing median price capital growth over the last year. Nedlands gave property investors a average capital gain figure when compared to the rest of the state, with -4.00%.
Nedlands,6009 has offered an average of -4.00% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Nedlands should be aiming for at least -7.82% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Nedlands the average time real estate has been on the market is 69.5 days.
A $650 per week rent on the median house gives suburb investors a gross yield of circa 2.35%, without taking into account capital value appreciation, which has been averaging out at 0.81%.
Nedlands has had a A very good year for property investment returns compared to the rest of WA, giving investors a capital gain of 11.06% to date .
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.71% offered to property buyers. Sellers in Nedlands itself are offering an average vendor discount of -10.67% to real estate investors.
Advertised rents are around the $400 mark per week – giving a return of 3.31% based on the median price in Suburb