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Suburb spotlight on: Nedlands
Where 147 properties sold in the last 12 months.
The value in the Swan River suburb of Nedlands has increased significantly over recent years. In fact, Domain data shows that the median house price today sits just shy of 1.5 million.
Let’s look at the top market share positions today. Abel McGrath takes the number one position with 32 per cent market share. A big drop down to second position, Realmark holds 3 per cent market share and both Caporn Young and Acton sit on 2 per cent.
With nearly 70 per cent of residents owner occupiers and 74 per cent per cent of sales over the past year achieving a price over $1 million, there’s no doubt that Nedlands can be a lucrative market for a savvy sales business.
The opportunity to open a business in the heart of Nedlands is with Ray White. If it’s an area of interest for you, we can help you build a competitive business. Talk to us today.