Wembley is a large western-suburb of Perth with a population exceeding 11,300 people (2016 Census). Wembley was established in 1831 with population growths occurring between 1910 and 1930, and again in the post-war years. More recently, Wembley has experienced gradual increases since the mid-1990s as new homes have been added to the suburb.
Life in Wembley
Numerous recreational facilities and clubs add great lifestyle appeal to the suburb, with squash, tennis, t-ball, netball, football, athletics, baseball, lacrosse and hockey all catered for. Lake Monger is a much loved feature, providing lovely walkways and beautiful scenery to those who visit, while The Wembley Hotel is a popular pub that never fails to draw a crowd. Cambridge Street is the suburbs most urban fixture, with numerous pubs and restaurants lining the street. There are three local schools in Wembley.
Median Prices & Return
The median price for homes in Wembley currently sits at around $1.2m being an annual increase of 15%. The median rental price currently sits at $650 per week, offering an average 2.9% gross yield.
Statistics provided by realestate.com.au & REIWA