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Investment Property Nedlands, WA, 6009

Suburb Snapshot

Nedlands is a suburb in the Nedlands Region of Western Australia. Nedlands has a population of 10,195 people and 23.95% of its occupants live in rental accommodation. The median listing price for houses is $2,000,000 and this has changed 0.00% over the past year and changed 14.28% over 2 years.

The median rent in Nedlands for houses is $1,000 per week and the median rental yield is 2.60%. Stock on the market for houses/townhouses has changed -2.82% compared to last year and the average time to sell a house/townhouse is 110 days.The median listing price for units is $1,470,000 and this has changed 23.01% over the past year. The average unit takes 277 days to sell and the median rent for a unit in Nedlands is $600 per week, producing a rental yield of 2.12%.

Supply & Demand in Nedlands, Nedlands

0.58%

Current vacancy rate


26

Rental stock available


10,195

Population


23.95%

Rental population


0.56%

Current vacancy rate


69

Rental stock available


21,117

Population


19.91%

Rental population


0.63%

Current vacancy rate


7,731

Rental stock available


2,474,414

Population


23.98%

Rental population


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Statistical data for Nedlands, Nedlands

  House Townhouses Units
Median listing price $2,000,000 $1,000,000 $1,470,000
Median price change - last quarter -3.75% -11.12% 13.51%
Median price change - 1 year 0.00% NA 23.01%
Median price change - 2 years 14.28% 14.28% 31.01%
  House Townhouses Units
Median weekly rent $1,000 $800 $600
Median yield % 2.60% 4.16% 2.12%
Median rent change - 1 year 5.26% 17.64% 20.00%
  House Units
Previous month sales 5 1
Stock on market previous month 69 29
Stock variance vs. last year -2.82% -36.96%
Average days on market 110 277

Nedlands investment property listings

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