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Wembley Downs suburb profile

Wembley Downs is a picturesque suburb located in Perth's western suburbs, known for its leafy streets and family-friendly atmosphere. Situated approximately 10km from the Perth CBD, it offers a peaceful residential environment with easy access to city amenities. The suburb is home to several well-regarded schools, making it a popular choice for families. Wembley Downs boasts a mix of architectural styles, from classic homes to modern residences, and is close to beautiful beaches and recreational facilities. Its strong community spirit and convenient location make Wembley Downs a desirable place to live for those seeking a balanced lifestyle.

Wembley Downs property market performance

Property growth+47.7%Past 12 months

Wembley Downs has experienced a modest increase in house values over the past 12 months, with a 2.6% rise bringing the median house price to $2.17 million. Interestingly, unit values have surged by 116.9%, although no units were sold during this period, indicating a potential shift in market dynamics.

The housing market has been active, with 15 houses sold in the past 12 months and a quick median time on market of just 10 days, suggesting strong demand. In contrast, units have seen no sales, with a median time on market of 18 days, reflecting limited activity in this segment.

Rental prices for houses have remained stable over the last year, with no change in average rent, while units have seen an 8.3% increase, indicating growing demand for rental units in Wembley Downs.

	Houses	Units
Median price Past 3 months	$2.06M	N/A
Change in value Past 12 months	8.0%	87.4%
Sold Past 3 months	12	2
Median days on market Past 12 months	11	17
Average rent Past 12 months	$1000	$660
Change in rent Past 12 months	N/A	10.0%

5 year median price trend for houses and units

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Wembley Downs demographics

Wembley Downs, a suburb located in Perth's western suburbs, is known for its family-friendly environment and proximity to some of the city's best beaches. With a population of 6,743, it offers a serene and community-focused lifestyle, making it an attractive choice for families and retirees. The median age of 41 suggests a mature community, with many residents enjoying the suburb's peaceful atmosphere and convenient access to amenities.

The suburb's housing market is characterized by a high rate of home ownership, with 43.2% of properties owned outright and 40.9% owned with a mortgage. This reflects a stable and established community, with many long-term residents. Only 15.9% of properties are rented, indicating a preference for home ownership among the residents. The high median household income of $2,626 per week further underscores the suburb's appeal to affluent families and professionals.

Family life is a central aspect of Wembley Downs, with 53.7% of households being couple families with children, and 33.4% being couple families without children. The presence of quality schools and recreational facilities adds to the suburb's attractiveness for families. The small percentage of one-parent families (12.3%) and other families (0.6%) highlights the predominance of traditional family structures in the area. Overall, Wembley Downs offers a blend of suburban tranquility and community spirit, making it a desirable place to live for those seeking a balanced lifestyle.

Suburbs near Wembley Downs

Some popular suburbs near Wembley Downs include:

How does Wembley Downs compare to nearby suburbs?

Median house prices: Wembley Downs’s median house price is 39.9% higher than Doubleview’s.
House price growth: Property prices in nearby City Beach have risen 24.8% more than in Wembley Downs over the past year.
Unit price growth: Over the past 12 months, unit prices in Wembley Downs have grown 68.0% higher than in Woodlands.
Selling speed for houses: Properties in Wembley Downs are selling 45.0% faster than in City Beach.
Selling speed for units: Properties in nearby Woodlands are selling 23.5% faster than in Wembley Downs.
Investment considerations: In Wembley Downs, the rental yield for house is 30.5% higher than the Perth average, while the rental yield for units is 0.5% lower.
House price growth: Over the past 12 months, house prices in Wembley Downs have grown 91.8% higher than the average rate of growth across Perth.
Unit price growth:Over the past 12 months, unit prices in Wembley Downs have grown 48.5% higher than the average rate of growth for units across Perth.

Choose the right real estate agents in Wembley Downs

There are 33 real estate agents in Wembley Downs, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 60.2% of all sales in the past year.

Commission rates in Wembley Downs typically range from 1.5% to 2.79%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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