Suburb Profile Report for Wembley WA (6014)

Wembley House: Median price $990,500, Annual capital growth 2.32%, Number of sales 108, Weekly median advertised rent $600

Wembley Unit: Median price $306,500, Annual capital growth 1.83%, Number of sales 92, Weekly median advertised rent $265

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Wembley has had a A very good year for property investment returns compared to the rest of WA, giving investors a capital gain of 2.11% to date .

A 14.84% growth in median value for property investors in Wembley,6014 puts this suburb at number 38th in terms of best performing suburbs in WA

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 -7.88% is being offered, which puts this WA suburb at 812th most discounted overall in Australia.

Residents and property investors in Wembley have been waiting around 70.79 days to sell a property.

Wembley is 333th on a list of best yielding suburbs for rents in WA with a 3.15% return

Over the last year, property investments in Wembley, 6014 have given investors a capital gain of -4.22%. This compares averagely with the -4.86% for WA as a whole.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Wembley has increased when compared to the 5 year average annual rate.

Vendor discounting in Wembley is giving property investors an average Vendor Discount of around -10.88%. This puts suburb at number 14th in WA when ranking the most discounted suburbs.

Wembley is 58th on a list of best yielding suburbs for rents in WA with a 4.50% return

Metrics i HOUSE UNIT
$990,500 $306,500
4.26% 1.32%
2.11% -4.22%
2.32% 1.83%
$600 $265
108 92
3.15% 4.50%
70.79 90.2

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 10553
Median household income ($/weekly) 1585
Median age of persons 34
Median housing loan repayment ($/monthly) 2167
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 1260 11.9
    25-34 years 2026 19.2
    35-44 years 1715 16.3
    45-54 years 1307 12.4
    55-64 years 929 8.8
    Others 3316 31.4
    Age Group
    Census Count Percent(%)
    Registered Married 3521 46.5
    Not Married 3241 42.8
    Defacto Relationship 802 10.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 6294 64.0
    Indonesia 436 4.4
    Papua New Guinea 217 2.2
    United Kingdom 835 8.5
    Other 667 6.8
    Others 1393 14.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 244 2.6
    Christianity 5812 61.1
    Hinduism 405 4.3
    Islam 174 1.8
    No Religion 2764 29.1
    Others 109 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 326 8.4
    $1,000-$1,249 298 7.7
    $1,500-$1,999 432 11.1
    $2,500-$2,999 555 14.3
    $4,000 or more 330 8.5
    Others 1952 50.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3644 45.4
    Not in the labour force 2134 26.6
    Employed, worked part-time 1727 21.5
    Employed, away from work 317 3.9
    Unemployed, looking for work 209 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 718 12.6
    Professionals 2137 37.6
    Technicians & trades workers 577 10.1
    Community & personal service workers 497 8.7
    Clerical & administrative workers 741 13.0
    Others 1016 17.9
    Occupation
    Census Count Percent(%)
    Pre-school 203 7.7
    Infants/Primary 928 35.3
    Secondary 422 16.1
    Technical or Further Educational Institution 238 9.1
    University or other Tertiary Institutions 749 28.5
    Others 88 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6229 64.9
    Flat, unit or apartment 2509 26.1
    Semi-detached, row or terrace house, townhouse 867 9.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1592 38.0
    Being purchased 1345 32.1
    Fully owned 1169 27.9
    Other tenure type 84 2.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals