Investment property in Nedlands has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -4.00%
The five-year average increase in median property values for Nedlands,6009 has given property investors a potential capital gain of -6.19% across each of those five years.
Our latest figures would indicate that property sellers in Nedlands are currently offering property investors an average price cut of -8.43% below the asking price at the moment.
The WA suburb of Nedlands, 6009 is in the Nedlands local government area.
If you compare the increase in value of investment property in Nedlands, 6009 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this WA suburb was 4.78%.
The five-year average increase in median property values for Nedlands,6009 has given property investors a potential capital gain of -12.04% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Nedlands is offering property investors an average of -8.43. This rate of discount on properties puts Suburb at number 13th in terms of most discounted suburbs in WA
At number 714 in a list of fastest selling suburbs, Nedlands is just in the top half of suburbs in Australia with an average of days on market 74.55 for properties listed there.
Nedlands, 6009’s gross rental yield is 3.45%