298 Cambridge Street, Wembley, WA 6014 sold on 22 September 2025 | OnTheHouse
SOLD
RECENT ADVICE
Sold on 22 Sep 2025 for $2,350,000

298 Cambridge Street
Wembley WA 6014

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 190m2
Land area: 683m2
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Property Details for 298 Cambridge St, Wembley

Building Type
Commercial
Year Built
1950
Floor Size
190m2
Land Size
683m2
Local Government
Cambridge
Lot/Plan
625/P003232

Last Listing description (January 2026)

NAI Harcourts Metro are proud to present to the market place for sale a top end property in a sort after suburb close to the city.

This 680 sqm (approx.) ground floor property can remain as is with the current successful Restaurant / Bar or could be converted now or in the future to many other Commercial / Mixed Residential uses up to a 2 or 3 storey building for you to thrive on. With heaps of room for the current successful authentic Italian Restaurant or can be converted to any other cuisine or even develop a new business type, in this sort after location.


Wait no more, if you are a business operator wanting to own your own property, developer or investor, the options are endless...

Contact Sam Fazio on 0412 440 139 for further information.....

Property History for 298 Cambridge St, Wembley, WA 6014

A timeline of how this property has performed in the market
Last Sold
$2,350,000
22 Sep 2025
  • 22 Sep 2025
    Sold for $2,350,000
  • 22 Jul 2025
    Listed for Sale Offers from $2,299,000
  • 23 Jan 2025
    Listed for Sale Offers from $2,299,000
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About Wembley 6014

The size of Wembley is approximately 4.2 square kilometres. It has 13 parks covering nearly 25.0% of 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 5,962 properties. Over the last 5 years, Houses in Wembley have seen a 87.48% increase in median value, while Units have seen a 108.01% increase. As at 31 December 2025:

  • The median value for Houses in Wembley is $2,114,136 while the median value for Units is $546,386.
  • Houses have a median rent of $1,000 while Units have a median rent of $550.
There are currently 15 properties listed for sale, and 9 properties listed for rent in Wembley on OnTheHouse. According to Cotality's data, 269 properties were sold in the past 12 months in Wembley.

Suburb Insights for Wembley 6014

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.