Suburb Profile Report for Wembley WA (6014)

Wembley House: Median price $990,000, Annual capital growth 2.31%, Number of sales 116, Weekly median advertised rent $593

Wembley Unit: Median price $310,000, Annual capital growth 2.30%, Number of sales 94, Weekly median advertised rent $270

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of -0.50% for the last 12 months, Wembley, 6014 has performed for property investments than its average annual 2.31% property growth over the last 5 years.

Over the longer term, Wembley has seen property prices show investors a -6.16% return over the last 3 years. This is an improvement over the last 12 months

Property investors looking for a bargain in Wembley should be aiming for at least -7.69% off the asking price, which is the average vendor discount being achieved at the moment.

Renters in Suburb are facing rents around $7110 per annum or $592.5 every week.

WA has seen average median house prices change by -4.11% which means that Wembley, 6014 has not done well for property investors by showing a capital gain of -4.62% over the last year

Comparing Wembley,6014 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

At number 9th of WA’s most discounted properties, Wembley is in the bottom 10% of the state/territory when listing in order of most discounted to least.

In the last year 94 properties changed hands in Wembley, which puts it as the 13th most active market in WA when comparing the number of sales per suburb.

Metrics i HOUSE UNIT
$990,000 $310,000
3.13% -3.13%
-0.50% -4.62%
2.31% 2.30%
$593 $270
116 94
3.11% 4.53%
66.9 91.86

Source: CoreLogic

DSR Score for property investment : Balanced (H), Below average (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
Chart Table
Recent sales & rentals