39/48 Moondine Drive, Wembley WA 6014

Top-floor 2×1 apartment | Secure complex | Established Wembley | School catchments | Older low-rise stock This property occupies a strong position within Wembley’s apartment market. The top-floor configuration is genuinely competitive here — it delivers better privacy, more natural light, and reduced neighbour noise compared to ground or mid-level units in the same complex, which typically commands a premium within older low-rise stock. The secure complex setting and school catchment access to Wembley Primary and Bob Hawke College broaden its appeal to first-home buyers, downsizers, and investors alike. For a buyer seeking a low-maintenance foothold in an established inner-west suburb, this unit sits well within that demand profile. The rental yield signal from a comparable unit in the building — around 6.9% gross — suggests reasonable income potential for an investor, though that figure reflects a specific past transaction and may not hold for this unit. Several factors may influence how this property is valued relative to other units in the same building. The wide price dispersion among recent sales in the complex — ranging from $500,000 to $741,000 — suggests that unit condition, renovation level, and internal presentation have a material effect on achieved price here. Without a verified internal finish schedule or aspect, a buyer should weigh the cost of potential updates against the purchase price. The absence of confirmed parking allocation is a genuine constraint for some buyers, particularly in a suburb where car ownership is common. The bushfire overlay noted on nearby unit records may also affect insurance costs or lending criteria for some purchasers, though it does not appear to be a binding constraint on saleability.