Suburb Profile Report for Wembley WA (6014)

Wembley House: Median price $945,000, Annual capital growth 2.65%, Number of sales 113, Weekly median advertised rent $593

Wembley Unit: Median price $310,000, Annual capital growth 2.50%, Number of sales 94, Weekly median advertised rent $280

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Wembley, 6014 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -10.00%.

Taking the average capital gain, or increase in median house value, Wembley,6014 has racked up an average of -10.00% over the period. This ranks it number 3682th in the whole country for real estate investors looking at median house price increases.

At number 298th of WA’s most discounted properties, Wembley is in the TOP 30% of the state/territory when listing in order of most discounted to least.

Residents and property investors in Wembley have been waiting around 68.84 days to sell a property.

Wembley is an average performer in WA when comparing median price capital growth over the last year. Wembley gave property investors a average capital gain figure when compared to the rest of the state, with -6.06%.

A 10.22% growth in median value for property investors in Wembley,6014 puts this suburb at number 71th in terms of best performing suburbs in WA

State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.20% offered to property buyers. Sellers in Wembley itself are offering an average vendor discount of -9.58% to real estate investors.

Renters in Suburb are facing rents around $3360 per annum or $280 every week.

HOUSE UNIT
$945,000 $310,000
-0.53% -3.13%
-10.00% -6.06%
2.65% 2.50%
$593 $280
113 94
3.26% 4.70%
68.84 91.44

Source: CoreLogic

DSR Score for property investment : Balanced (U), Good (H)
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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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