Suburb Profile Report for Wembley Downs WA (6019)

Wembley Downs House: Median price $1,050,000, Annual capital growth 2.38%, Number of sales 106, Weekly median advertised rent $650

Wembley Downs Unit: Median price $310,000, Annual capital growth 18.38%, Number of sales 10, Weekly median advertised rent $490

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

At number 2240th in the list of Australian suburbs ordered by increase in median house value over the last year, Wembley Downs, 6019 is in the BOTTOM 50% with a property value increase of -0.47% recorded in median house prices.

If we look at median property appreciation over just the last three months, Wembley Downs has given property investors a paper return of -2.78%. This puts Suburb as 361 on a list of fastest fasting appreciating suburbs in WA

Wembley Downs, 6019 is offering WA ‘s 219th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this WA.

Residents and property investors in Wembley Downs have been waiting around 59.1842 days to sell a property.

Situated 9.14km from the CBD, Wembley Downs is one of Stirling (C) localities in the postcode 6019.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Wembley Downs has fallen somewhat when compared to the 5 year average annual rate.

Wembley Downs is 10th on a list of best yielding suburbs for rents in WA with a 8.22% return

Metrics i HOUSE UNIT
$1,050,000 $310,000
-2.78% N/A
-0.47% N/A
2.38% 18.38%
$650 $490
106 10
3.22% 8.22%
59.1842105263158 N/A

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Above average (U)
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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
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