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Investment Property Wembley, WA, 6014

Suburb Snapshot

Wembley is a suburb in the Cambridge Region of Western Australia. Wembley has a population of 11,301 people and 31.48% of its occupants live in rental accommodation. The median listing price for houses is $1,500,000 and this has changed 25.00% over the past year and changed 25.00% over 2 years.

The median rent in Wembley for houses is $850 per week and the median rental yield is 2.94%. Stock on the market for houses/townhouses has changed -20.00% compared to last year and the average time to sell a house/townhouse is 90 days.The median listing price for units is $375,000 and this has changed 25.41% over the past year. The average unit takes 57 days to sell and the median rent for a unit in Wembley is $500 per week, producing a rental yield of 6.93%.

Supply & Demand in Wembley, Cambridge

1.17%

Current vacancy rate


65

Rental stock available


11,301

Population


31.48%

Rental population


0.82%

Current vacancy rate


111

Rental stock available


26,787

Population


20.35%

Rental population


0.61%

Current vacancy rate


7,509

Rental stock available


2,474,414

Population


23.98%

Rental population


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Statistical data for Wembley, Cambridge

  House Townhouses Units
Median listing price $1,500,000 $795,000 $375,000
Median price change - last quarter 7.14% 1.92% 2.73%
Median price change - 1 year 25.00% 13.57% 25.41%
Median price change - 2 years 25.00% 33.61% 50.00%
  House Townhouses Units
Median weekly rent $850 $650 $500
Median yield % 2.94% 4.25% 6.93%
Median rent change - 1 year 13.33% 12.06% 19.04%
  House Units
Previous month sales 3 9
Stock on market previous month 28 47
Stock variance vs. last year -20.00% 14.63%
Average days on market 90 57

Wembley investment property listings

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