10 Edward Street, Nedlands WA 6009
10 Edward Street, Nedlands WA 6009
1935 character house | 802m² land | six bedrooms four baths | pool and solar | premium Nedlands family holding
This is a rare combination in Nedlands: a substantial 1935 character home expanded to 551m² of living space on an 802m² lot, giving it a scale that most older houses in the suburb simply do not offer. The six-bedroom, four-bathroom configuration, plus four car spaces, pool, and solar, positions it as a genuine family property rather than a renovation project. It sits comfortably at the upper end of the street’s housing stock, where smaller character homes and newer infill sit side by side. The school catchments for Nedlands Primary and Shenton College, along with proximity to UWA and the medical precinct, make it particularly well suited to professional families who want space, location, and the flexibility of a large established home without the wait or risk of building new.
The value picture here is shaped by a few things. The 1935 core with later extensions means the condition and quality of the renovations will matter a great deal—buyers should inspect the building carefully to understand what has been updated and what may still need attention. The high building coverage at roughly 69% of the land leaves limited scope for further expansion, so the property’s value will rest on the existing layout and finishes rather than development potential. The pool and solar add practical appeal but are not premium drivers. The 2021 sale at $2.35 million provides a useful reference point, though the market has shifted since then. Buyers should weigh the property’s rare scale and location against the cost of maintaining a large older home.
|| Comparable Sales: 7 Edward Street luxury infill sold around $2.4M–$2.55M per unit | Property Price Band: $4.0M–$4.2M | Value Drivers: land size and building scale, character era with modern updates, school catchment and lifestyle location
Detailed Independent Property Report prepared by PropCred Analyst team for 10 Edward Street, Nedlands WA 6009
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
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Market Insight
Nedlands is an affluent riverside suburb in Perth, with house values at $2.705 million after 14.6% annual growth and units at $1.2 million after a 46.3% surge. Demand is driven by high-income professionals drawn to university and hospital precincts and strong school catchments, while tight supply—69 houses and 29 units—keeps days on market at 15 for houses and vacancy at 0.58%. Annual sales volume of around 134 houses underscores liquidity. Growth drivers include transport links and institutional proximity, but affordability constraints and interest-rate sensitivity temper upside, with gross house yields at 2.6%.
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PropCred Estimated Value
Comparable Sales: 7 Edward Street luxury infill sold around $2.4M–$2.55M per unit | Property Price Band: $4.0M–$4.2M | Value Drivers: land size and building scale, character era with modern updates, school catchment and lifestyle location
Bedrooms
6
Bathroom
4
Parking
6
Land
802m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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