At number 1595th in the list of Australian suburbs ordered by increase in median house value over the last year, Wembley, 6014 is in the top 40% with a property value increase of 3.63% recorded in median house prices.
Over the longer term, Wembley has seen property prices show investors a 4.06% return over the last 3 years. This is worse than over the last 12 months
Wembley6014 is located in WA which offers an average discount of -7.84% to property investors. Wembley itself is showing figures that indicate -5.39% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 8.83 sales per month, which equates to 106 per year.
Advertised rents are around the $635 mark per week – giving a return of 3.30% based on the median price in Suburb
Over the last year, property investments in Wembley, 6014 have given investors a capital gain of -11.47%. This compares badly with the -4.93% for WA as a whole.
Taking the average capital gain, or increase in median house value, Wembley,6014 has racked up an average of -11.47% over the period. This ranks it number 1467th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Wembley is $247000, with sellers offering an average of -8.81% off the asking price.
Wembley is 52th on a list of best yielding suburbs for rents in WA with a 5.79% return