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Nedlands

POSTAL CODE: WA, 6009
HOUSE
UNIT

Property investors enjoyed capital gains of 20.32% 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 6.13% growth over a ten-year period. It ranks 2591st on our list of suburbs that property investors should look into.

NEDLANDS, 6009 has a capital gain of 20.32% for the past year, which is higher than average compared to its 53.53% growth within a five-year period.

With the median home price in NEDLANDS sitting at $2,650,000, and the average rent at $1200, property owners could potentially earn a 2.35% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in NEDLANDS are high, as opposed to average gains per annum over the past five years.

NEDLANDS, 6009 in WA belongs to the local government area of Nedlands.

Surburb overview

Nedlands, located in the 6009 postcode, is a well-established and sought-after suburb approximately 7 kilometres west of the Perth central business district (CBD). Bordered by the Swan River to the south, Nedlands is known for its tree-lined streets, spacious homes, and prestigious schools, making it a popular choice for families, professionals, and retirees alike.

With a population of around 10,000 residents, Nedlands boasts a diverse demographic. It is home to families who appreciate the high-quality schools, peaceful suburban atmosphere, and professionals working in nearby medical and educational institutions. The suburb features heritage homes, modern residences, and high-end properties, particularly those along the riverfront. 

Public transportation in Nedlands is convenient and well-connected. The suburb is serviced by several Transperth bus routes that link it directly to the Perth CBD and surrounding areas. The nearby Shenton Park Train Station provides access to the Fremantle Line, offering additional commuting options. For drivers, Stirling Highway is a major thoroughfare that runs through Nedlands, connecting the suburb to the city and the western suburbs.

Nedlands offers a wide range of amenities and services. The Nedlands shopping precinct, located along Stirling Highway, features cafes, restaurants, and a variety of retail stores. The Broadway Shopping Centre and Captain Stirling Shopping Centre are also nearby, providing essential services such as supermarkets, pharmacies, and medical clinics. Nedlands is home to Sir Charles Gairdner Hospital and Perth Children’s Hospital, two of the state’s largest and most important medical facilities, in the adjacent Queen Elizabeth II Medical Centre precinct.

The suburb is known for its abundance of parks and recreational spaces. The Nedlands foreshore along the Swan River is a popular spot for walking, cycling, and picnicking, with picturesque views and access to boating and kayaking activities. Nearby Kings Park and Botanic Garden, one of the largest inner-city parks in the world, offers additional opportunities for outdoor recreation and leisure, featuring walking trails, botanical displays, and panoramic views of the city.

Educational institutions are a vital draw for families in Nedlands. The suburb has several prestigious schools, including Nedlands Primary School and Loreto Nedlands. The University of Western Australia, located in the neighbouring suburb of Crawley, adds to the area’s academic and cultural appeal.

With its leafy streets, proximity to the river, excellent schools, and easy access to the Perth CBD and recreational facilities, Nedlands offers a balanced and high-quality lifestyle, making it one of Perth’s most desirable suburbs.

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