Property investors enjoyed capital gains of 9.29% over the last 12 months in WEMBLEY DOWNS, translating to lower returns compared with its peers in WA.
A survey of average capital gains or median home price increase in suburbs across the country shows that the WA suburb obtained a 2.97% growth over a ten-year period. It ranks 2685th on our list of suburbs that property investors should look into.
WEMBLEY DOWNS, 6019 has a capital gain of 9.29% for the past year, which is higher than average compared to its 26.99% growth within a five-year period.
With the median home price in WEMBLEY DOWNS sitting at $1,117,500, and the average rent at $522.5, property owners could potentially earn a 2.43% increase in gross rental yield.
A 9.29% increase in median property prices in WEMBLEY DOWNS, 6019 has allowed this suburb to join the ranks of best performing suburbs in WA, settling at number 26th.
Figures from the previous quarter show that capital gains for real estate buyers in WEMBLEY DOWNS are low, as opposed to average gains per annum over the past five years.
WEMBLEY DOWNS, 6019 in WA belongs to the local government area of Stirling.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||9.29%||N/A|
|Median 3 years||5.42%||N/A|
|Median 5 years||26.99%||N/A|
|10 years average annual||2.97%||N/A|
|Weekly media advert. rent||$522.5||N/A|
|Time on Market||49.6 days||N/A|
|Gross Rental Yield Percent||2.43%||N/A|