Wembley has had a quite poor year for property investment returns compared to the rest of WA, giving investors a capital gain of -10.23% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Wembley comes in at number 108th in WA.
Property buyers and investors in Wembley 6014 should be seeing an average reduction in asking price of around -7.43% . This means that Wembley is holding prices well when compared to other suburbs in WA.
Using the current median advertised rental of $650 and the average annual increase in value of a median property of 4.65%, investors should hope to achieve an overall return of 3.50%
Property investors who have had real estate in Wembley, 6014 should be unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -5.41%
The five-year average increase in median property values for Wembley,6014 has given property investors a potential capital gain of 9.19% across each of those five years.
The most recent median price for Wembley is $315000, with sellers offering an average of -8.33% off the asking price.
At number 894 in a list of fastest selling suburbs, Wembley is in the bottom 40% of suburbs in Australia with an average of days on market 82.04 for properties listed there.
Advertised rents are around the $300 mark per week – giving a return of 4.95% based on the median price in Suburb