Over the last year, property investments in Nedlands, 6009 have given investors a capital gain of -5.67%. This compares badly with the -3.58% for WA as a whole.
While Nedlands,6009 ranked number 284th in WA for increase in median house value (annualised) increase, it is ranked 305th over the last 5 years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Nedlands, 6009. Typically our figures indicate that -7.52% is being offered, which puts this WA suburb at 868th most discounted overall in Australia.
Using the current median advertised rental of $650 and the average annual increase in value of a median property of 0.10%, investors should hope to achieve an overall return of 2.39%
Investment property in Nedlands has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 19.47%
Over the longer term, Nedlands has seen property prices show investors a -3.57% return over the last 3 years. This is an improvement over the last 12 months
At number 37th of WA’s most discounted properties, Nedlands is in the bottom 40% of the state/territory when listing in order of most discounted to least.
Renters in Suburb are facing rents around $4740 per annum or $395 every week.