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Wembley
AREA REPORTS

Wembley

Wembley - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6014

house
unit

Based on its average 5-year and quarterly capital gains WEMBLEY, 6014 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that WEMBLEY, 6014 obtained a 4.3% growth over a ten-year period. It ranks 2600th on our list of suburbs that property investors should look into.

WEMBLEY, 6014 in WA belongs to the local government area of Cambridge (T).

WEMBLEY, 6014 has a capital gain of 20.75% for the past year, which is higher than average compared to its 34.74% growth within a five-year period.

With the median home price in WEMBLEY sitting at $1,280,000, and the average rent at $700, property owners could potentially earn a 2.84% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in WEMBLEY are low, as opposed to average gains per annum over the past five years.

Data report can be found below

Wembley
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,280,000 $275,000
GROWTH REPORT
Median Quarterly 0.79% -0.54%
Median 12 month 20.75% 11.34%
Median 3 years 32.51% -6.62%
Median 5 years 34.74% -10.28%
10 years average annual 4.3% 0.29%
Weekly media advert. rent $700 $320
Time on Market 22.3 days 44.6 days
Gross Rental Yield Percent 2.84% 6.05%
demographics (median values)*
Total Population
20604
Weekly Household Income
2021
Household Size
2.60
Age
37
Monthly Loan Repayment
2500
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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