FOR SALE
From $599,000

406/334 Cambridge Street
Wembley WA 6014

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
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Effortless Investment Opportunity!

Viewings by appointment only!
Ready to elevate your investment portfolio? Your search ends here! Welcome to Urban on Cambridge!
This exceptional property is the perfect addition-low maintenance, prime location, and meticulously maintained! With a reliable tenant secured until July 2025, you can sit back, relax, and watch your rental income flow in-no hassle, no fuss. Just buy, profit, and let your investment work for you. It's as easy as that!
Wembley offers a vibrant blend of urban convenience and suburban charm. This lively thoroughfare is lined with trendy cafes, boutique shops, and delightful eateries, making it easy to indulge in local flavors and socialize with neighbors. With lush parks nearby and excellent public transport links, residents enjoy the perfect balance of accessibility and tranquility. Whether you're taking a leisurely stroll to the local markets or exploring the scenic parks, life on Cambridge Street provides a welcoming community atmosphere that makes every day feel special.
Don't miss out on this golden opportunity!
The property:
• Well maintained & secure complex
• Audio intercom system
• Fourth floor apartment
• Two bedrooms, one bathroom
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Property Details for 406/334 Cambridge St, Wembley

406/334 Cambridge St, Wembley is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 65m2. The place is currently for sale with Ray White Urban Springs.

Building Type
Apartment
Floor Size
65m2

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About Wembley 6014

The size of Wembley is approximately 4.2 square kilometres. It has 13 parks covering nearly 25% of total area. The population of Wembley in 2011 was 10,553 people. By 2016 the population was 11,326 showing a population growth of 7.3% in the area during that time. The predominant age group in Wembley is 30-39 years. Households in Wembley are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Wembley work in a professional occupation. In 2011, 59.1% of the homes in Wembley were owner-occupied compared with 58.6% in 2016.

Wembley has 5,944 properties. Over the last 5 years, Houses in Wembley have seen a 78.74% increase in median value, while Units have seen a 67.40% increase. As at 31 October 2024:

  • The median value for Houses in Wembley is $1,825,237 while the median value for Units is $417,207.
  • Houses have a median rent of $900 while Units have a median rent of $525.
There are currently 53 properties listed for sale, and 16 properties listed for rent in Wembley on OnTheHouse. According to CoreLogic's data, 319 properties were sold in the past 12 months in Wembley.

Suburb Insights for Wembley 6014

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Andrew Huggins
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Toby Huggins
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Ray White Urban Springs
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.