28/409 Cambridge Street, Wembley WA 6014
28/409 Cambridge Street, Wembley WA 6014
1 bed, 1 bath, 1 car | Established Wembley complex | Sought-after school catchment | Owner-occupier majority building
This unit sits within a complex where two-thirds of residents are owners, a structural signal of building quality and neighbour stability that matters more than any cosmetic finish. The Shenton College and Jolimont Primary catchment is the strongest buyer advantage here, anchoring demand from families who cannot compromise on school access. A one-bedroom unit with parking in this location serves first-home buyers and downsizers well, but its real edge is the low competition from investors given the owner-heavy profile.
The conflicting bedroom count across records introduces a verification risk that could affect finance or resale positioning, and any buyer should confirm the floor plan before committing. The recent sale history suggests either a quick flip or data error, both of which warrant a strata records check for special levies or pending works. For a buyer, this property works best as a long-term hold in a location with structural demand, not a short-term trade.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 28/409 Cambridge Street, Wembley WA 6014
Market Insight:
Wembley is an established, well-located suburb experiencing strong demand driven by its proximity to key transport corridors and a mix of established and newer housing. The market is characterised by exceptionally tight conditions, with houses selling rapidly and a critically low rental vacancy rate indicating significant supply pressure. While this fuels robust price growth, particularly for units, the high entry point for houses presents a key affordability constraint for future buyers.