Wembley suburb profile
Wembley is a charming suburb located just 5km west of Perth's CBD, known for its leafy streets and community-focused atmosphere. It offers a harmonious blend of residential tranquility and urban convenience, making it popular among families and professionals. The suburb is home to several parks, including the picturesque Lake Monger, providing ample recreational opportunities. Wembley boasts a variety of housing options, from character homes to modern apartments, and is well-serviced by public transport and local amenities. Its proximity to the city and coastal attractions makes Wembley a desirable location for those seeking a balanced lifestyle.
Wembley property market performance
Current median dwelling price$1,335,375Past 3 months
Property growth+23.0%Past 12 months
Wembley's property market has experienced significant growth over the past 12 months, with house values increasing by 14.1% and unit values surging by 29.7%. The current median house price stands at approximately $1.93 million, while the median unit price is around $565,000, indicating strong demand across both property types.
Sales activity has been robust, with 16 houses and 28 units sold in the past 12 months. Properties are moving quickly, with houses spending a median of just 9 days on the market and units even less at 7 days, highlighting a competitive market environment.
In the rental market, Wembley has seen moderate growth, with house rents increasing by 2.9% and unit rents rising by 10% over the last year. The average rent for houses is $875, while units average $550, reflecting a strong rental demand, particularly for units.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | $2.13M | $546K |
Change in value Past 12 months | 17.0% | 29.1% |
Sold Past 3 months | 20 | 22 |
Median days on market Past 12 months | 9 | 7 |
Average rent Past 12 months | $875 | $560 |
Change in rent Past 12 months | 2.9% | 7.7% |
5 year median price trend for houses and units
Wembley demographics
Wembley, a charming suburb located in Perth, Western Australia, is known for its family-friendly atmosphere and convenient access to both urban amenities and natural attractions. With a population of 12,061, Wembley offers a balanced lifestyle that appeals to a diverse range of residents. The median age of 37 suggests a mature community, with many families and professionals choosing to call this suburb home.
The suburb's housing landscape is varied, with a significant portion of properties being owned outright (29.4%) or with a mortgage (32.1%), indicating a stable and established community. Renting is also a popular option, with 38.4% of properties being rented, catering to those seeking flexibility or temporary residence. This mix of ownership and rental options makes Wembley an attractive choice for both long-term residents and newcomers.
Family life is a prominent feature of Wembley, with nearly half of the families being couple families with children (48.9%). This is complemented by a substantial number of couple families without children (38.7%), reflecting the suburb's appeal to both growing families and couples. The presence of one-parent families (10.5%) and other family types (1.9%) adds to the suburb's diversity, fostering a welcoming and inclusive community environment.
Wembley's median total household income of $2005 per week indicates a relatively affluent community, supported by its proximity to Perth's central business district and various employment opportunities. The suburb's blend of residential charm, accessibility, and community spirit makes it a desirable location for those seeking a balanced and fulfilling lifestyle in the heart of Western Australia.
Wembley infrastructure, key developments and investment opportunities
Wembley remains well positioned for buyers and sellers because of its close proximity to Perth’s CBD, strong school presence, and access to major green spaces such as Lake Monger, which continue to support lifestyle appeal and housing demand.
At a local level, the Town of Cambridge is currently showing development applications in and around Wembley, indicating ongoing incremental change rather than a single major project, which can gradually support renewal and maintain buyer interest.
Wembley rental market trends
The rental market in Wembley has shown moderate growth, with house rents increasing by 2.9% over the past year to $875 per week, while unit rents have seen a more significant rise of 10% to $550 per week. This suburb continues to attract renters and investors alike, offering a balanced mix of affordability and potential for future growth.
Suburbs near Wembley
Some popular suburbs near Wembley include:
How does Wembley compare to nearby suburbs?
- Median house prices: Wembley’s median house price is 12.4% higher than Subiaco’s.
- Median unit prices: Wembley’s median unit price is 24.7% lower than Subiaco’s.
- House price growth: Over the past 12 months, house prices in Wembley have grown 8.9% higher than in Jolimont.
- Unit price growth: Over the past 12 months, unit prices in Wembley have grown 7.1% higher than in Subiaco.
- Selling speed for houses: Properties in Wembley are selling 10.0% faster than in Subiaco.
- Selling speed for units: Properties in Wembley are selling 41.7% faster than in Subiaco.
- Investment considerations: In Wembley, the rental yield for house is 14.2% higher than the Perth average, while the rental yield for units is 15.5% lower.
- House price growth: Over the past 12 months, house prices in Wembley have grown 77.7% higher than the average rate of growth across Perth.
- Unit price growth:Over the past 12 months, unit prices in Wembley have grown 23.7% lower than the average rate of growth for units across Perth.

