24/237 Cambridge StreetWembley WA 6014
Property Details for 24/237 Cambridge St, Wembley
24/237 Cambridge St, Wembley is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 64m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in June 2025.
Last Listing description (October 2025)
Perfectly positioned on the top floor of a secure, well-maintained complex, this light-filled two-bedroom apartment is a standout opportunity for investors, first home buyers, and downsizers alike. With a tenant already in place and strong rental return, it also presents a ready-made investment in a high-demand area.
Enjoy the best of Wembley living, with a wide range of amenities, transport options and lifestyle attractions all just moments away.
Property Features:
Open-plan living and dining with great natural light
Functional kitchen with ample storage
Bathroom with combined laundry for added convenience
Private balcony with a leafy outlook
Secure undercover car bay
Access to a resort-style communal swimming pool
Investment Details:
Currently leased at $500 per week
Tenancy in place until 19th August 2025
Ideal for immediate returns with long-term growth potential
Location Highlights:
Public transport at your doorstep - approx. 15 minutes to Perth CBD
500m to local cafs and dining including Pearfect Pantry
600m to Henderson Park, 1.2km to Lake Monger
1.5km to Floreat Forum, 3km to Subiaco shopping and dining precinct
1.2km to Wembley Primary School, 3.5km to Bob Hawke College
2km to St John of God Subiaco Hospital
Easy access to Mitchell Freeway and just 6km to Perth CBD
Make It Yours
Whether you're looking for a solid investment with excellent returns, an easy-care first home, or a lock-and-leave downsizer in a top location, this Wembley gem ticks all the boxes.
Outgoings:
Water Rates: $1,014.54 p.a.
Council Rates: $1,354.67 p.a.
Strata Levies: $613.3 p.q. + Reserve: $150.00 p.q.
DISCLAIMER: This information is provided for general information purposes only and is based on information provided by third parties including the Seller and relevant local authorities and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Property History for 24/237 Cambridge St, Wembley, WA 6014
- 01 Jun 2025Sold for $515,000
- 21 May 2025Listed for Sale Offers from $490k
- 18 Jan 2023Listed for Rent $400 / week
Recent sales nearby
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About Wembley 6014
The size of Wembley is approximately 4.2 square kilometres. There are 13 parks, covering nearly 25.0% of the total area. The population of Wembley in 2016 was 11301 people. By 2021 the population was 12061 showing a population growth of 6.7% 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 2021, 59.30% of the homes in Wembley were owner-occupied compared with 58.60% in 2016.
Wembley has 5,971 properties. Over the last 5 years, Houses in Wembley have seen a 89.04% increase in median value, while Units have seen a 115.23% increase. As at 30 June 2026:
- The median value for Houses in Wembley is $2,354,254 while the median value for Units is $627,661.
- Houses have a median rent of $1,050 while Units have a median rent of $590.
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