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Wembley’s reputation as one of Perth’s most established inner-western suburbs is built on consistent fundamentals. Strong capital growth, quality tenants, and a lifestyle offering that keeps demand high. Situated just 5 kilometres from the Perth CBD, the suburb’s character streetscapes and vibrant Cambridge Street precinct attract professionals and families who stay long-term. Blackburne’s Wembley property management team brings property managers who understand this market inside out, helping investors maximise their returns.
Suburb Snapshot
Wembley is a well-established inner-western suburb of Perth, popular for its character streetscapes, leafy residential streets, and easy proximity to the CBD. The suburb offers a diverse mix of Art Deco homes, post-war character residences, and contemporary new builds including a significant apartment and townhouse market. Appealing to professionals, families, and downsizers alike. Residents enjoy a relaxed urban lifestyle with easy access to Cambridge Street’s dining and retail precinct, the green surrounds of Lake Monger, Wembley Golf Course, and reliable public transport into the city.
Investment Insights
Wembley’s enduring appeal as an inner-western lifestyle suburb, combined with its consistent capital growth, limited land supply, and strong rental demand, makes it a compelling choice for property investors. The suburb’s proximity to the Perth CBD, highly educated and professional resident base, and well-established amenity all provide a solid foundation for long-term property values. In particular, the unit market is showing exceptional momentum, with 29.1% growth over the past year. When it comes to property management Wembley investors rely on, no one knows this market better than Blackburne. Our Wembley property management team is ready to put that expertise to work for you.
Property Market Overview
- Median Property Prices: Over the past year, Wembley has seen strong growth across both property types. The median house price sits at $1,925,000, reflecting a 6.9% increase over 12 months. Units have a median price of $506,000, with an outstanding annual growth rate of 29.1%.
- Rental Market:The rental market in Wembley is robust. Houses rent for a median of approximately $1,050 per week, yielding an annual rental return of 2.8%. Units command a median rent of approximately $490 per week, offering a rental yield of 5.0%, making them a particularly attractive option for yield-focused investors.
- Market Activity:In the past 12 months, Wembley has seen 92 house sales and 162 unit sales. Houses typically spend a median of 44 days on the market, while units move faster at 28 days, with 1,176 buyers actively searching for houses and 937 for units, reflecting strong and sustained demand across both property types.
Data via. realestate.com for period March 2025 – February 2026
Demographics & Lifestyle
Wembley is home to approximately 12,061 residents, with a median age of 37 (2021 ABS Census). The suburb attracts a highly educated and professional community where 50.9% of residents hold a bachelor degree or above, more than double the Western Australian average of 23.8%, and 37.6% are employed as professionals. With 64.7% family households and a median household income of $2,005 per week, Wembley is one of Perth’s most affluent and established inner suburbs. Its blend of character homes, convenient location, and strong community identity continues to attract quality long-term tenants and owner-occupiers alike.
Local amenities
The suburb offers a vibrant yet relaxed lifestyle with an excellent range of everyday conveniences within easy reach. Residents enjoy Cambridge Street’s popular café scene, boutique shops, and dining options, alongside recreational highlights including Wembley Golf Course and the open green spaces of Lake Monger. The Cambridge Beatty Park Leisure Centre serves as a well-used community and aquatic hub, while reliable bus services provide direct connections to the Perth CBD. Wembley is also home to Bob Hawke College, one of Perth’s selective entry public schools. To learn more about our Wembley property managers and how we can help your investment perform, get in touch with the Blackburne team today.
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