Nedlands Property Market & Buyers Agents 2026

The Nedlands property market is a hallmark of Perth's premium real estate landscape, characterised by high values, strong long-term growth, and unwavering demand. As of May 2026, the median house price sits at a formidable $2.77 million, reflecting a significant 13.0% increase over the past year. This trajectory is part of a longer trend, with five-year growth standing at an impressive 52.5%, underscoring the suburb's resilience and blue-chip status.

The market is driven by a unique combination of supply and demand dynamics. Supply is exceptionally tight, with a very low number of properties typically listed for sale. This scarcity is compounded by long hold periods, as families often buy into the area for its educational and lifestyle benefits and remain for many years. Demand is consistently fuelled by high-income earners, including medical professionals working at the nearby hospital precinct and academics associated with the University of Western Australia (UWA). This buyer pool is less sensitive to typical market fluctuations, prioritising location, school catchments, and lifestyle over short-term market timing, which helps to insulate prices.

From an investment perspective, Nedlands is a capital growth-focused market rather than a yield-driven one. Gross rental yields for houses are modest at around 2.5%, a typical feature of high-value, low-turnover suburbs. However, the extremely low vacancy rate of around 0.86% ensures rental properties are rarely empty, providing consistent income for investors prepared to look beyond immediate cash flow. The market's key friction is affordability, which concentrates the buyer pool to the upper end of the market, but this also acts as a barrier to entry that protects long-term values. With its prime location, world-class amenities, and constrained supply, the fundamental drivers of the Nedlands market remain exceptionally strong.

Nestled on the northern banks of the Swan River, just 7 kilometres from the Perth CBD, Nedlands is a suburb synonymous with prestige and education. Its character is shaped by leafy, tree-lined streets, grand federation-era homes, and a tranquil, family-friendly atmosphere.

The suburb is a major educational hub, home to the world-renowned University of Western Australia (UWA), which lends a vibrant, intellectual air. It is also served by excellent schools, making it a magnet for families. Notable institutions include the public Nedlands Primary School and Hollywood Primary School, as well as the private Catholic school, Loreto Nedlands. Many residents also attend prestigious nearby secondary schools.

Transport is primarily road-based, with Stirling Highway providing a direct and efficient corridor to the CBD and Fremantle. Numerous bus routes, including the high-frequency Route 950 and the free Purple CAT service, connect the suburb to the city, UWA, and the hospital precinct. While it lacks a train station within its boundaries, surrounding stations are easily accessible.

For shopping and dining, the main commercial strip along Stirling Highway and Hampden Road offers a mix of cafes, restaurants, and local services, including the historic Captain Stirling Hotel and the Windsor Cinema. For more extensive retail, the luxury offerings of Claremont Quarter are just a short drive away.

Recreational opportunities are abundant. The suburb boasts extensive riverside parklands, including Charles Court Reserve and the Nedlands Foreshore, which are popular for picnics, cycling, and water activities. It is also home to the Nedlands Golf Club and the Royal Perth Yacht Club. The world-class Kings Park and Botanic Garden borders the suburb to the east, providing a vast expanse for outdoor pursuits. The area is also a major medical precinct, containing Sir Charles Gairdner Hospital and Hollywood Private Hospital.