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Wembley, WA 6014
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,925,000
market range $1.8M-$2.1M
Median Unit
$555,000
market range $500K-$675K
Gross Yield (houses)
2.8%
1yr Growth (houses)
+9.8%
market range +0.0% to +17.5%
Investment snapshot for Wembley
Wembley has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Wembley market and investor summary
Wembley (WA 6014) runs a median house price of $1.9M, with houses yielding a gross 2.8%. House prices have moved +9.8% over the past year and +37.5% over three years. At 0.9% vacancy, it is a tight rental market that favours landlords.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.8% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 0.9% and a resident base that is not shrinking.
Living in Wembley: people, income and schools
About 12,061 people live in Wembley, and the area has been growing steadily, up about 11% over five years. The median age is 37, broadly working-age, and families account for 65% of households.
Households here earn a median of about $104,000 a year, or roughly $2,010 a week. On socio-economic measures it ranks among the most advantaged in the country (10 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 18.5 times local household income, so affordability is a genuine constraint on local buyers.
There are 59 schools within about 5km, and they test well above the national school average on ICSEA, a draw for education-focused families. It is roughly 4.7 km from the CBD. Some errands can be done on foot, though a car still helps; the suburb scores 64 for walkability and 10 for transit out of 100. Fixed broadband is delivered over the NBN's Hybrid Fibre Coaxial (HFC).
- Population
- 12,061
- +11% over 5yr
- Median age
- 37 years
- Median household income
- $104,000/yr
- Households renting
- 37%
- Family households
- 65%
- Socio-economic rank
- 10/10
- ABS advantage index
- Schools within 5km
- 59
- avg ICSEA 1131
- Unemployment
- 3.7%
- Distance to CBD
- 4.7 km
- Walk score
- 64/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Wembley
View all →Frequently asked questions about Wembley
What should I check before investing in Wembley?
Wembley has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.8%, giving a stronger rent-to-price starting point than many suburbs. Capital growth of +9.8% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Wembley?
The median property price in Wembley, WA 6014 is $1.9M for houses and $555K for units.
What rental yield does Wembley show?
The gross rental yield in Wembley is 2.8% for houses and 5.8% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Wembley?
House prices in Wembley are up 9.8% over the past year and up 37.5% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Wembley?
The current vacancy rate in Wembley is 0.9%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Wembley?
Wembley has a population of approximately 12,061 residents, with a median age of 37.
What schools are near Wembley?
There are 59 schools within roughly 5km of Wembley. Their average ICSEA sits well above the national mean of 1000, which points to a more advantaged school catchment. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Wembley affordable to buy in?
A median house in Wembley costs about 18.5 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Wembley's population growing?
The population of Wembley has grown about 11% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Wembley from the CBD?
Wembley is about 4.7 km from the CBD.
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