Over the last year, property investments in Nedlands, 6009 have given investors a capital gain of -1.12%. This compares favourably with the -5.20% for WA as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Nedlands comes in at number 128th in WA.
Sellers are offering property buyers an average discount of -8.50% to buyers in Nedlands at the moment, which is less than average for the rest of WA.
Using the current median advertised rental of $650 and the average annual increase in value of a median property of 1.80%, investors should hope to achieve an overall return of 2.26%
At number 439th in the list of Australian suburbs ordered by increase in median house value over the last year, Nedlands, 6009 is in the top 30% with a property value increase of 9.13% recorded in median house prices.
Across a shorter period, Nedlands, 6009 has seen a median price increase of 15.40% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Nedlands is offering property investors an average of -8.10. This rate of discount on properties puts Suburb at number 16th in terms of most discounted suburbs in WA
On average over the past year, suburb has had 2.00 sales per month, which equates to 24 per year.
With the median price for a house in Nedlands being $627500 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 3.31%