With a capital gain of -11.16% for the last 12 months, Wembley, 6014 has performed for property investments than its average annual 4.19% property growth over the last 5 years.
Over the longer term, Wembley has seen property prices show investors a 3.80% return over the last 3 years. This is worse than over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Wembley, 6014. Typically our figures indicate that -7.41% is being offered, which puts this WA suburb at 1014th most discounted overall in Australia.
Residents and property investors in Wembley have been waiting around 61.13 days to sell a property.
With the median price for a house in Wembley being $955000 and the advertised rent reaching $637.5 the gross rental yield for property investors calculates out to be 3.47%
At number 1471th in the list of Australian suburbs ordered by increase in median house value over the last year, Wembley, 6014 is in the BOTTOM 20% with a property value increase of -6.43% recorded in median house prices.
If we look at median property appreciation over just the last three months, Wembley has given property investors a paper return of 1.59%. This puts Suburb as 17 on a list of fastest fasting appreciating suburbs in WA
Property buyers and investors in Wembley 6014 should be seeing an average reduction in asking price of around -8.42% . This means that Wembley is holding prices well when compared to other suburbs in WA.