9 Clifton Street, Nedlands WA 6009

9 Clifton Street, Nedlands WA 6009
Corner block | R40 zoning | Rear-lane access | 506m² level land | Redevelopment potential The competitive strength is drawn from the land, not the dwelling. A level 506m² corner block with R40 zoning and rear-lane access is presented as uncommon in established Nedlands. The rectangular 13.6m frontage is positioned to support flexible redevelopment, subject to approvals. As a circa-1920 original, it is best suited to buyers focused on redevelopment or long-term holding. Owner-occupiers seeking immediate comfort will need renovation budget, but a rare infill opportunity is offered in this prestige pocket. The original condition, sparse amenity and single parking might be seen as constraints for turnkey buyers. Without a finishes schedule, condition risk is carried by the buyer, so a building inspection is advised. Value may be determined largely by the planning outcome for the R40 site, and any density or street-character restrictions could alter potential returns. The modest 124m² built area suggests demolition or major renovation is likely required, adding cost and time. >> Comparable Sales: 49 Clifton St (455m²) sold $1.85M; 62 Clifton St (359m²) sold $1.40M | Property Price Band: $1.9M–$2.0M | Value Drivers: land size, corner position, R40 zoning
Detailed Independent Property Report prepared  by PropCred Analyst team for 9 Clifton Street, Nedlands WA 6009
Checks found:
Value Risk ✕ 2
Liquidity Risk ✓
Planning Risk ! 1
Income Risk ✓
Execution Risk ! 1
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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

Bedrooms

3

Bathroom

1

Parking

1

Land

506m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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