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Wembley Downs
AREA REPORTS

Wembley Downs

Wembley Downs - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6019

house
unit

A survey of average capital gains or median home price increase in suburbs across the country shows that the WA suburb obtained a 1.25% growth over a ten-year period. It ranks 3717th on our list of suburbs that property investors should look into.

WEMBLEY DOWNS, 6019 has a capital gain of -6.19% for the past year, which is lower than average compared to its -2.23% growth within a five-year period.

With the median home price in WEMBLEY DOWNS sitting at $985,000, and the average rent at $690, property owners could potentially earn a 3.64% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in WEMBLEY DOWNS are high, 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 (C).

Data report can be found below

Wembley Downs
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $985,000 $365,000
GROWTH REPORT
Median Quarterly 1.03% 14.06%
Median 12 month -6.19% N/A
Median 3 years -1.4% N/A
Median 5 years -2.23% N/A
10 years average annual 1.25% -0.76%
Weekly media advert. rent $690 $380
Time on Market 38.9 days 53.5 days
Gross Rental Yield Percent 3.64% 5.41%
demographics (median values)*
Total Population
21787
Weekly Household Income
1941
Household Size
2.30
Age
35
Monthly Loan Repayment
2210
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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