How Much is my Home Worth in Nedlands?
The median price for a house in Nedlands as of August 23, 2022, was $2,150,000. The median price for a unit is $610,000. The 12-month capital growth is at 16.67% for houses and -9.51% for units. The average annual capital growth for houses is 7.90% and for units, it is -1.66%. It takes on average 10 days to sell a house and 16 days to sell a unit in Nedlands. The gross rental yield for a house is 2.61% and for a unit, it is 4.13%. The DSR or Demand to Supply Ratio ranks houses as above average and units in Nedlands as balanced. This is a healthy market for investors wanting to apply some value-adding strategy. Buyers are sometimes able to get away with low-ball offers. Sellers are getting the prices they ask for more often than not. Expect growth to marginally exceed the national average.
Median House prices and rent returns in Nedlands
- 2 bedroom house $1,590,000 Rent per week $510
- 3 bedroom house $1,975,000 Rent per week $700
- 4 bedroom house $2,320,000 Rent per week $1060
Median Unit prices and rent returns in Nedlands
- 1 bedroom unit No Data Rent per week No Data
- 2 bedroom unit $545,000 Rent per week $435
- 3 bedroom unit $642,500 Rent per week $640
Free Real Estate Appraisal Nedlands
Are you contemplating selling your home or land in Nedlands? We provide accurate and free property appraisals on houses, units and land. We base our final market price on sales history and the location to shops and amenities.
Our team is happy to meet with house and landowners that are interested in selling and want to know the value of their property. Our database has a list of potential buyers that are looking for all types of real estate in Nedlands.
Free Rental Appraisal Nedlands
Do you have an investment property you wish to rent? Or, are you moving and want to rent out your home? Our property managers currently manage over 300 properties. There is no scenario we have not dealt with when it comes to managing real estate. We use the latest software tools to streamline our services. We deal directly with the landlord and keep them up to speed with the rental of their property.
Property Valuation Nedlands
The majority of people believe a property appraisal and a property valuation are the same. In part this is true. However, if for legal purposes you need a valuation then you need to engage the services of a licenced property valuer. This will cost you money. If you just want to know how much your home is worth then any registered real estate agent can give you a price.
How do we appraise a property in Nedlands
- Location to amenities
- Recent sales history of Nedlands
- Proximity to schools and shops
- Comparison of market values
City of Nedlands WA
Browse our list of recently sold properties
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