WA has seen average median house prices change by -2.74% which means that Nedlands, 6009 has not done well for property investors by showing a capital gain of -1.98% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Nedlands has increased when compared to the 5 year average annual rate.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.58% offered to property buyers. Sellers in Nedlands itself are offering an average vendor discount of -7.90% to real estate investors.
Property investors should expect to get $650 weekly from the median priced house in this suburb.
With a capital gain of 3.57% for the last 12 months, Nedlands, 6009 has performed for property investments than its average annual 0.61% property growth over the last 5 years.
The five-year average increase in median property values for Nedlands,6009 has given property investors a potential capital gain of -7.94% across each of those five years.
Property buyers and investors in Nedlands 6009 should be seeing an average reduction in asking price of around -9.00% . This means that Nedlands is holding prices well when compared to other suburbs in WA.
Often selling an investment property can take time, and in Nedlands the average time real estate has been on the market is 88.3 days.
The WA suburb of Nedlands, 6009 is in the Nedlands (C) local government area.