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Back 36/409 Cambridge Street
Off Market

36/409 Cambridge Street

Wembley WA 6014

1
1
1
46 m²
Apartment
Will HammettWill Hammett, last sold this property on 02 May 2025 after 51 days on market.

Overview

Investment Property in Unrivalled Location

Nestled between two of Perth’s most desirable suburbs, Wembley and Floreat, this 1-bedroom unit offers an excellent opportunity investors looking to capitalise on Perth's strong rental market. The location of this property is hard to beat with the great amenities of Wembley only moments away, including a 24/7 IGA and a bus that will have you in the City in moments. The beach is a short drive away and the property is in the sought-after Shenton College catchment area. The property is currently tenanted on a fixed term lease at $450pw until 11/06/2025 to great tenants, meaning an investor could purchase and begin collecting rent immediately. The tenant has indicated a willingness to continue their lease. The open plan living area is spacious with split system air conditioning for year-round comfort. Sliding doors lead to your own private balcony, the perfect place to soak up the sun. The generous bedroom has built in storage and a modern ensuite bathroom. Features include, but are not limited to: - One Bedroom. - One Bathroom. - Split System Air Conditioning. - Washing machine installed in unit, plus access to communal laundry. - Private Balcony. - Allocated Parking Bay. - Sought-after Location. Proximity (Approx) - Jolimont Primary School (in catchment): 1.2km - Shenton College (in catchment): 2.3km - City Beach: 4.7km - The Good Grocer: 24/7 IGA 750m - The Wembley Hotel:500m - Perth CBD: 5.4km - Floreat Forum: 1.3km Council Rates:1,368.21 PA Water Rates: $948.36 PA Strata Levies: $589.27 PQ *Please note, this property is partly furnished* To organise a viewing or for more information call Susan Taylor on 0417 771 112 or Will Hammett on 0402 387 093. Disclaimer: It is important to note that the photos included in this marketing material are for illustrational purposes only. Whilst every care has been taken in the preparation of the information contained in this marketing, please be aware that Centro Estates will not be held liable for any errors in typing or information.

Features

1 bedroom
1 bathroom
1 carspace
1 carport space
46 m² lot size
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Wembley over the last 12 months, the estimated median property value of 36/409 Cambridge Street is $432.75k.

Median value
$432.75k
Estimated value range
$345k - $718k
Median days on market
9
Estimated value trend
24%
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 36/409 Cambridge Street

2025
Rented
Undisclosed
Leased on 13 Nov 2025 by Professionals TWT Realty - Balga
2025
Rented
Undisclosed
Leased on 12 Nov 2025 by Professionals TWT Realty – Joondanna
2025
Sold
02 May 2025 by Will Hammett, of Centro Estates Subiaco

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 33 reviews in Wembley over the last 12 months.

Local market activity for 1 bedroom apartments in Wembley

In the last 12 months, 22 one-bedroom apartments similar to 36/409 Cambridge Street, have been sold.

This represents a 62% increase in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Wembley

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Emily Garden

Sellers who recommend Emily Garden have praised them for being clear communication, local expert, responsive, friendly, detail-oriented, reliable and supportive

  •   5   (62 reviews)
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Emily Hiskins

Sellers who recommend Emily Hiskins have praised them for being local expert, friendly, clear communication, supportive, honest, reliable and responsive

  •   5   (169 reviews)
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Dean Bradley

Sellers who recommend Dean Bradley have praised them for being local expert, clear communication, trustworthy, hard-working, strategic, honest and responsive

  •   5   (42 reviews)
  •  4 Reviews in Wembley
  •  3 Sales in Wembley
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Susan Taylor

Sellers who recommend Susan Taylor have praised them for being clear communication, local expert, reliable, supportive, empathetic, responsive and honest

  •   4.8   (60 reviews)
  •  3 Reviews in Wembley
  •  4 Sales in Wembley
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