This property is Off Market
With an average age of 37, households expect an average monthly mortgage payment of $3,033 or a weekly rent payment of $390. The average family earns a weekly income of $2,636 with a typical household size of 2.5 and a 98.6% employment rate.
Consistent high demand relative to supply is a key feature in Nedlands driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Nedlands ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Nedlands provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Nedlands requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Nedlands - Dalkeith - Crawley a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Western Australia State average 54 / 100
Income
89 / 100
55 / 100
Industry
81 / 100
48 / 100
Population
59 / 100
35 / 100
House Prices
95 / 100
62 / 100
Jobs
45 / 100
17 / 100
Incidents Trend State Average
Nedlands Primary School
Nedlands, WA, 6009 State K-6
Shenton College
Shenton Park, WA, 6008 State 7-12
Rosalie Primary School
Shenton Park, WA, 6008 State K-6
St Thomas' Primary School
Claremont, WA, 6010 Independent PP-6
Hollywood Primary School
Nedlands, WA, 6009 State K-6
Shenton College Deaf Education Centre
Shenton Park, WA, 6008 State 7-12
Loreto Nedlands
Nedlands, WA, 6009 Independent PP-6
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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