Nedlands is a well-established suburb in Western Australia within the Nedlands local government area (postcode 6009). The area has roughly 10,561 residents and an established family 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. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.7% year-on-year at the LGA level. WA employment has moved +1.9% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. WA also had 24 Commonwealth-backed major projects under construction, 12 underway, and 12 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward healthcare and professional services. The top ancestries reported are English, Australian, Chinese.
The median house price in Nedlands is $2.7 million, having surged by 10.5% over the past year. Units have a median price of $865,000 (+8.1% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 1.4%. 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.
On the investment side, Nedlands shows a gross rental yield of approximately 1.4%, rated as low yield. Property prices are above the state median ($2.7M/$1.0M), placing it in the premium segment. The price-to-income ratio of 18.5x is considered stretched. House prices have moved +10.5% year-on-year. Population growth of +1.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.