Suburb Profile Report for Wembley Downs WA (6019)

Wembley Downs House: Median price $1,120,000, Annual capital growth 4.26%, Number of sales 103, Weekly median advertised rent $500

Wembley Downs Unit: Median price $470,000, Annual capital growth N/A, Number of sales 12, Weekly median advertised rent $320

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

Source: CoreLogic

  • House Report
  • Unit Report

Wembley Downs has had a A very good year for property investment returns compared to the rest of WA, giving investors a capital gain of 10.02% to date .

Wembley Downs,6019 was ranked 305 in Australia by increase in median property value over the quarter.

State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.23% offered to property buyers. Sellers in Wembley Downs itself are offering an average vendor discount of -5.72% to real estate investors.

At number 1154 in a list of fastest selling suburbs, Wembley Downs is in the TOP 40% of suburbs in Australia with an average of days on market 63.53 for properties listed there.

Wembley Downs, 6019’s gross rental yield is 2.32%

The five-year average increase in median property values for Wembley Downs,6019 has given property investors a potential capital gain of 9.30% across each of those five years.

Vendor discounting in Wembley Downs is giving property investors an average Vendor Discount of around -4.47%. This puts suburb at number 99th in WA when ranking the most discounted suburbs.

Wembley Downs is 117th on a list of best yielding suburbs for rents in WA with a 3.54% return

Metrics i HOUSE UNIT
$1,120,000 $470,000
8.32% 1.95%
10.02% N/A
4.26% N/A
$500 $320
103 12
2.32% 3.54%
63.53 69.45

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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Demographics
Total population 5881
Median household income ($/weekly) 1856
Median age of persons 39
Median housing loan repayment ($/monthly) 2400
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 873 14.8
    35-44 years 843 14.3
    45-54 years 815 13.9
    55-64 years 652 11.1
    65-74 years 566 9.6
    Others 2132 36.3
    Age Group
    Census Count Percent(%)
    Registered Married 2434 56.2
    Not Married 1575 36.3
    Defacto Relationship 324 7.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 3982 69.0
    Papua New Guinea 118 2.0
    South Africa 207 3.6
    United Kingdom 558 9.7
    Other 285 4.9
    Others 620 10.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 83 1.5
    Christianity 3719 67.0
    Hinduism 64 1.2
    Islam 59 1.1
    No Religion 1572 28.3
    Others 57 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 145 7.7
    $1,500-$1,999 175 9.3
    $2,500-$2,999 277 14.7
    $3,000-$3,499 186 9.9
    $4,000 or more 193 10.2
    Others 910 48.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1655 36.2
    Not in the labour force 1599 35.0
    Employed, worked part-time 1039 22.7
    Employed, away from work 165 3.6
    Unemployed, looking for work 110 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 488 17.1
    Professionals 1059 37.1
    Technicians & trades workers 253 8.9
    Community & personal service workers 247 8.6
    Clerical & administrative workers 381 13.3
    Others 430 15.0
    Occupation
    Census Count Percent(%)
    Pre-school 101 5.8
    Infants/Primary 540 30.8
    Secondary 604 34.5
    Technical or Further Educational Institution 75 4.3
    University or other Tertiary Institutions 406 23.2
    Others 26 1.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4779 86.5
    Semi-detached, row or terrace house, townhouse 628 11.4
    Flat, unit or apartment 121 2.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 921 43.6
    Being purchased 743 35.2
    Rented 437 20.7
    Other tenure type 9 0.4
    Tenure Type
Census 2011, ABS
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