SOLD
Sold on 10 Jun 2024 for $300,000

21/281 Cambridge Street
Wembley WA 6014

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 40m2
Land area: 40m2
Sold By
Scott Bj Properties Perth
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Property Details for 21/281 Cambridge St, Wembley

21/281 Cambridge St, Wembley is a 1 bedroom, 1 bathroom House 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 June 2024. There are other 1 bedroom House sold in Wembley in the last 12 months.

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

Last Listing description (July 2024)

First Home Heaven or Incredible Investment

Picture this: a cozy one-bedroom, one-bathroom apartment currently bringing in a steady $350 per week in rent. But hold onto your coffee cups, because this is just the start! With other units in the building raking in between $450 and $500 per week, the potential for an epic rent upgrade is just a renovation away! Living here would be just as rewarding. Your own home meters from Subi and spitting distance from the Wembley shops/cafes.

Speaking of renovations, you'll have to wait until April 2025 to start your Better Homes and Garden debut, as our awesome tenants are locked in until then. Think of it as a paid holiday from your DIY dreams - more time to plan, less time to panic!

In the meantime, enjoy the reliable income stream and the peace of mind that comes with tenants so great, they might just leave you a thank-you note. You or your tenants can enjoy the perks of Subiaco and Wembley coffee shops right around the corner. Coffee runs have never looked this good!

Keen to know more or want a squiz? Give me a bell or shoot me a message.
Please be aware these photos were taken prior to the tenancy so the property may look a tad different to the images provided.

Property History for 21/281 Cambridge St, Wembley, WA 6014

A timeline of how this property has performed in the market
Last Sold
$300,000
10 Jun 2024
Listed for Rent
$280/w
15 May 2013
  • 10 Jun 2024
    Sold for $300,000
  • 05 Jun 2024
    Listed for Sale From $280,000
  • 10 Mar 2022
    Sold for $187,000
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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, 320 properties were sold in the past 12 months in Wembley.

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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.