Suburb Profile Report for Wembley Downs WA (6019)

Wembley Downs House: Median price $1,107,500, Annual capital growth 3.83%, Number of sales 102, Weekly median advertised rent $500

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

Source: CoreLogic

  • House Report

Investment property in Wembley Downs has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 7.11%

If we look at median property appreciation over just the last three months, Wembley Downs has given property investors a paper return of 3.99%. This puts Suburb as 43 on a list of fastest fasting appreciating suburbs in WA

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Wembley Downs, 6019. Typically our figures indicate that -5.36% is being offered, which puts this WA suburb at 2189th most discounted overall in Australia.

Advertised rents are around the $500 mark per week – giving a return of 2.35% based on the median price in Suburb

Metrics i HOUSE UNIT
$1,107,500 N/A
3.99% N/A
7.11% N/A
3.83% N/A
$500 N/A
102 N/A
2.35% N/A
54.61 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
Find a mortgage broker in Wembley Downs WA
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
Chart Table
Recent sales & rentals