Property investors who have had real estate in Nedlands, 6009 should be relatively unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices unmoved in value by 0.00%
Across a shorter period, Nedlands, 6009 has seen a median price increase of 5.19% over the last quarter.
Sellers are offering property buyers an average discount of -7.65% to buyers in Nedlands at the moment, which is less than average for the rest of WA.
A $650 per week rent on the median house gives suburb investors a gross yield of circa 2.25%, without taking into account capital value appreciation, which has been averaging out at 0.26%.
Nedlands, 6009 ranked 9th in WA when comparing growth in median property values or capital gain over the last 12 months. Nedlands is one of 1662 in our list for WA
Taking the average capital gain, or increase in median house value, Nedlands,6009 has racked up an average of 16.52% over the period. This ranks it number 1138th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Nedlands is $670000, with sellers offering an average of -8.82% off the asking price.
Often selling an investment property can take time, and in Nedlands the average time real estate has been on the market is 59.08 days.
The WA suburb of Nedlands, 6009 is in the Nedlands local government area.