WA has seen average median house prices change by -2.18% which means that Wembley, 6014 has not done well for property investors by showing a capital gain of -5.87% over the last year
Comparing Wembley,6014 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Vendor discounting in Wembley is giving property investors an average Vendor Discount of around -7.63%. This puts suburb at number 221th in WA when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Wembley the average time real estate has been on the market is 46.7971 days.
Over the last year, property investments in Wembley, 6014 have given investors a capital gain of -28.17%. This compares very badly with the -7.26% for WA as a whole.
Wembley,6014 was ranked 1458 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Wembley are currently offering property investors an average price cut of -9.39% below the asking price at the moment.
Using the current median advertised rental of $260 and the average annual increase in value of a median property of 0.16%, investors should hope to achieve an overall return of 5.30%