Wembley Downs is a mid-sized suburb in Western Australia within the Stirling local government area (postcode 6019). With a population of 6,743, the suburb has an established demographic with a median age of 41. Households earn a median income of $137K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Wembley Downs is $1.6 million, having surged 13.5% over the past year. Units have a median price of $502,000 (-0.6% YoY). The current median weekly rent is $850. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $2,762.
Wembley Downs is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1148, which is well above the national average of 1,000. Public transport access includes 38 bus stops.
From an investment perspective, Wembley Downs offers a gross rental yield of 2.7%, rated as low yield. Property prices are above the state median ($1.6M/$951K), placing it in the premium segment. The price-to-income ratio of 11.8x is considered stretched. House prices have moved +13.5% year-on-year.
Wembley Downs is a mid-sized suburb in Western Australia within the Stirling local government area (postcode 6019). With a population of 6,743, the suburb has an established demographic with a median age of 41. Households earn a median income of $137K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Wembley Downs is $1.6 million, having surged 13.5% over the past year. Units have a median price of $502,000 (-0.6% YoY). The current median weekly rent is $850. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $2,762.
Wembley Downs is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1148, which is well above the national average of 1,000. Public transport access includes 38 bus stops.
From an investment perspective, Wembley Downs offers a gross rental yield of 2.7%, rated as low yield. Property prices are above the state median ($1.6M/$951K), placing it in the premium segment. The price-to-income ratio of 11.8x is considered stretched. House prices have moved +13.5% year-on-year.