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