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.