Perth’s luxury property growth ranked highest in Australia
Smaller cities have outranked the major capitals for prime luxury residential real estate price growth, a new report has shown. ...
Property investors enjoyed capital gains of 7.53% over the last 12 months in NEDLANDS, translating to lower returns compared with its peers in WA.
A survey of average capital gains or median home price increase in suburbs across the country shows that the WA suburb obtained a 0.92% growth over a ten-year period. It ranks 3570th on our list of suburbs that property investors should look into.
NEDLANDS, 6009 has a capital gain of 7.53% for the past year, which is higher than average compared to its 14.38% growth within a five-year period.
With the median home price in NEDLANDS sitting at $1,750,000, and the average rent at $660, property owners could potentially earn a 1.96% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in NEDLANDS are low, as opposed to average gains per annum over the past five years.
NEDLANDS, 6009 in WA belongs to the local government area of Nedlands (C).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,750,000 | $592,500 |
| GROWTH REPORT | ||
| Median Quarterly | 1.16% | -1.25% |
| Median 12 month | 7.53% | 7.73% |
| Median 3 years | 12.9% | -1.25% |
| Median 5 years | 14.38% | -5.58% |
| 10 years average annual | 0.92% | -0.01% |
| Weekly media advert. rent | $660 | $400 |
| Time on Market | 54.1 days | 75.3 days |
| Gross Rental Yield Percent | 1.96% | 3.51% |
Smaller cities have outranked the major capitals for prime luxury residential real estate price growth, a new report has shown. ...
The banks are customer hungry, meaning they’re willing to offer increased discounts to new customers and apply these discounts to existing...
Despite the pandemic, house and unit prices rose across Australia last year. But will this resilience persist in 2021? ...
Prices across the high-end property market are tipped to see exponential growth as demand for space and comfort increases. ...
Nearly one in 10 Victorian properties is at a very high risk of a climate hazard, new research has revealed, pinpointing the regions that ...
With JobSeeker coming to an end in March, how will the Australian housing market fare? ...
Get notifications in real-time for staying up to date with content that matters to you.
