Nedlands is a well-established suburb in Western Australia within the Nedlands local government area (postcode 6009). With a population of 10,561, the suburb has an established demographic with a median age of 42. Households earn a median income of $147K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Nedlands is $2.6 million, having grown strongly 9.1% over the past year. Units have a median price of $865,000 (+8.1% YoY). The current median weekly rent is $800. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $3,347.
Nedlands is served by 2 schools, including 2 primary. The average ICSEA score is 1177, which is well above the national average of 1,000. Public transport access includes 74 bus stops. Healthcare facilities include 2 public and 2 private hospitals.
From an investment perspective, Nedlands offers a gross rental yield of 1.6%, rated as low yield. Property prices are above the state median ($2.6M/$951K), placing it in the premium segment. The price-to-income ratio of 18.0x is considered stretched. House prices have moved +9.1% year-on-year.
Nedlands is a well-established suburb in Western Australia within the Nedlands local government area (postcode 6009). With a population of 10,561, the suburb has an established demographic with a median age of 42. Households earn a median income of $147K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Nedlands is $2.6 million, having grown strongly 9.1% over the past year. Units have a median price of $865,000 (+8.1% YoY). The current median weekly rent is $800. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $3,347.
Nedlands is served by 2 schools, including 2 primary. The average ICSEA score is 1177, which is well above the national average of 1,000. Public transport access includes 74 bus stops. Healthcare facilities include 2 public and 2 private hospitals.
From an investment perspective, Nedlands offers a gross rental yield of 1.6%, rated as low yield. Property prices are above the state median ($2.6M/$951K), placing it in the premium segment. The price-to-income ratio of 18.0x is considered stretched. House prices have moved +9.1% year-on-year.