SOLD
Sold on 31 May 2024 for $270,000

12/281 Cambridge Street
Wembley WA 6014

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 40m2
Land area: 40m2
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Property Details for 12/281 Cambridge St, Wembley

12/281 Cambridge St, Wembley is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1969. The property has a land size of 40m2 and floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Wembley in the last 12 months.

Building Type
Unit
Year Built
1969
Floor Size
40m2
Land Size
40m2
Local Government
Cambridge
Lot/Plan
9/S007492

Last Listing description (July 2024)

Magnificent Investment Property or Perth City BaseConveniently located in the heart of Wembley is this immaculately presented studio apartment which offers excellent benefits at an amazing price point.Great opportunity for first home buyers and phenomenal addition to a savvy investor's portfolio, with open plan living, well sized master bedroom and a lovely, north facing balcony with a fantastic leafy outlook.The apartment is situated in a secure complex which includes a common laundry area. The unit also has it's own designated car bay. Make your move and start enjoying this central location that's right on a Subiaco border today. Additional Information- 40sqm unit plus balcony- Strata $650 per quarter plus $50 per quarter reserve fund levy- Currently leased for $320 per week, fixed term 20/7/24- Gas cooktop

Property History for 12/281 Cambridge St, Wembley, WA 6014

A timeline of how this property has performed in the market
Last Sold
$270,000
31 May 2024
Listed for Rent
$320/w
25 Jul 2023
  • 31 May 2024
    Sold for $270,000
  • 21 May 2024
    Listed for Sale $248,000
  • 06 Jun 2023
    Listed for Rent $320 / week
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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 5,948 properties. Over the last 5 years, Houses in Wembley have seen a 75.52% increase in median value, while Units have seen a 56.95% increase. As at 31 July 2024:

  • The median value for Houses in Wembley is $1,727,278 while the median value for Units is $396,477.
  • Houses have a median rent of $850 while Units have a median rent of $510.
There are currently 34 properties listed for sale, and 5 properties listed for rent in Wembley on OnTheHouse. According to CoreLogic's data, 324 properties were sold in the past 12 months in Wembley.

Suburb Insights for Wembley 6014

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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.