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Back 24/237 Cambridge St
Off Market

24/237 Cambridge St

Wembley WA 6014

2
1
1
64 m²
64 m²
Unit
Mark StanhopeMark Stanhope, last sold this property on 31 May 2025 after 10 days on market.

Overview

Low-Maintenance Living in the Heart of Wembley

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: • Two well-proportioned bedrooms, both with built-in robes • 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 cafés 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.

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
64 m² floor area
64 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Wembley over the last 12 months, the estimated median property value of 24/237 Cambridge St is $530k.

Median value
$530k
Estimated value range
$435k - $706.25k
Median days on market
19
Estimated value trend
30%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Wembley. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 24/237 Cambridge St

2025
Sold
Undisclosed
31 May 2025 by Mark Stanhope, of LJ Hooker Subiaco
2023
Rented
Undisclosed
Leased on 31 Jan 2023 by hohm Property Group
2018
Sold
$299,000
Private Sale/Treaty on 22 Oct 2018

Happy sellers in Wembley

96%
96% of sellers in Wembley reported that their sale price either exceeded or met their price expectations.

Wembley stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 32 reviews in Wembley over the last 12 months.

Local market activity for 2 bedroom units in Wembley

In the last 12 months, 20 two-bedroom units similar to 24/237 Cambridge St, have been sold.

This represents a 46% increase in two-bedroom units sales when compared to the previous 12 months.

Nearby agents

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