Wembley has had a pretty average year for property investment returns compared to the rest of WA, giving investors a capital gain of -3.50% to date .
Across a shorter period, Wembley, 6014 has seen a median price increase of 0.26% over the last quarter.
The most recent median price for Wembley is $965000, with sellers offering an average of -7.24% off the asking price.
In the last year 103 properties changed hands in Wembley, which puts it as the 84th most active market in WA when comparing the number of sales per suburb.
The WA suburb of Wembley, 6014 is in the Cambridge (T) local government area.
WA has seen average median house prices change by -5.11% which means that Wembley, 6014 has not done well for property investors by showing a capital gain of -25.26% over the last year
Wembley,6014 was ranked 1134 in Australia by increase in median property value over the quarter.
State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -9.44% offered to property buyers. Sellers in Wembley itself are offering an average vendor discount of -8.77% to real estate investors.
Situated 4.84km from the CBD, Wembley is one of Cambridge (T) localities in the postcode 6014.