At number 2784th in the list of Australian suburbs ordered by increase in median house value over the last year, Wembley, 6014 is in the BOTTOM 40% with a property value increase of -3.27% recorded in median house prices.
Comparing Wembley,6014 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
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, 6014. Typically our figures indicate that -6.23% is being offered, which puts this WA suburb at 1674th most discounted overall in Australia.
With the median price for a house in Wembley being $975000 and the advertised rent reaching $575 the gross rental yield for property investors calculates out to be 3.07%
Property value increases in Wembley have tracked just lower than the WA average of -3.51% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Wembley has fallen somewhat when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Wembley is offering property investors an average of -8.98. This rate of discount on properties puts Suburb at number 40th in terms of most discounted suburbs in WA
A $270 per week rent on the median house gives suburb investors a gross yield of circa 5.09%, without taking into account capital value appreciation, which has been averaging out at 0.62%.