All About Wembley, Cambridge, WA, 6014

Wembley, located in Cambridge, Western Australia, is a highly desirable suburb known for its vibrant community and family-friendly atmosphere. The housing market in Wembley is characterized by a mix of charming older homes and modern developments, offering a diverse range of options for potential homebuyers. Over the years, Wembley has consistently attracted interest due to its proximity to the Perth central business district and its well-established amenities. The demand for properties here tends to be stable, with home prices reflecting both the suburb's desirability and the general trend of the Perth real estate market. Potential buyers can find a variety of housing styles, from well-preserved character homes dating back to the early 20th century to contemporary townhouses and apartments that cater to modern living preferences.

Living in Wembley offers a harmonious blend of urban convenience and suburban tranquility, making it an ideal location for families, professionals, and retirees alike. The suburb is well-served by an array of parks, schools, and recreational facilities, which contribute to its reputation as a family-friendly area. Wembley is home to the iconic Lake Monger, a popular destination for walking, birdwatching, and enjoying picturesque views. The local community is active and engaged, hosting various events throughout the year that foster a strong sense of belonging among residents. Additionally, the suburb's location provides easy access to public transport, shopping centers, and dining options, ensuring that residents can enjoy both the tranquility of suburban life and the vibrancy of city amenities. Overall, Wembley offers a balanced lifestyle that attracts a diverse range of residents seeking a welcoming and well-connected community.

Wembley Real Estate Market Outlook

Thinking about buying in Wembley? Now could not be a better time, with 8107 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,269,000 with prices in this suburb ranging from $89,000 to $136,825,000. Wembley is located fairly close to the coast at just 4Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. High average incomes in Wembley ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Wembley classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Wembley necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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