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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 $1,925,000 and this has changed -3.75% over the past year and changed 10.00% over 2 years.

The median rent in Nedlands for houses is $1,000 per week and the median rental yield is 2.70%. Stock on the market for houses/townhouses has changed -2.86% compared to last year and the average time to sell a house/townhouse is 99 days.The median listing price for units is $1,470,000 and this has changed 22.60% over the past year. The average unit takes 231 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

0.62%

Current vacancy rate


28

Rental stock available


10,195

Population


23.95%

Rental population


0.55%

Current vacancy rate


68

Rental stock available


21,117

Population


19.91%

Rental population


0.61%

Current vacancy rate


7,509

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 $1,925,000 $1,000,000 $1,470,000
Median price change - last quarter -3.75% -11.12% 13.51%
Median price change - 1 year -3.75% NA 22.60%
Median price change - 2 years 10.00% 11.11% 33.63%
  House Townhouses Units
Median weekly rent $1,000 $800 $600
Median yield % 2.70% 4.16% 2.12%
Median rent change - 1 year 5.26% 18.51% 20.00%
  House Units
Previous month sales 6 1
Stock on market previous month 68 36
Stock variance vs. last year -2.86% -23.40%
Average days on market 99 231

Nedlands investment property listings

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