AREA REPORTS

Nedlands

 

 

WA/
Nedlands

Suburb Profile

Nedlands - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6009

house
unit

Property investors enjoyed capital gains of 3.36% 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 0.26% growth over a ten-year period. It ranks 3858th on our list of suburbs that property investors should look into.

NEDLANDS, 6009 has a capital gain of 3.36% for the past year, which is higher than average compared to its 8.94% growth within a five-year period.

With the median home price in NEDLANDS sitting at $1,615,000, and the average rent at $620, property owners could potentially earn a 2% increase in gross rental yield.

A 3.36% increase in median property prices in NEDLANDS, 6009 has allowed this suburb to join the ranks of best performing suburbs in WA, settling at number 96th.

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).

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,615,000 $620,000
GROWTH REPORT
Median Quarterly -0.46% 10.71%
Median 12 month 3.36% 8.3%
Median 3 years 6.25% 0%
Median 5 years 8.94% -4.47%
10 years average annual 0.26% 0.58%
Weekly media advert. rent $620 $450
Time on Market 35.4 days 56.5 days
Gross Rental Yield Percent 2% 3.77%
demographics (median values)
Total Population
10019
Weekly Household Income
1568
Household Size
2.60
demographics
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