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MOMENTUM
MEDIA
A steady increase in median property prices over a five-year period in the suburb translates to a 25% capital gain.
Property investors in CAMPERDOWN enjoyed capital gains of 3.12% over the last 12 months translating to lower returns compared with its peers in the territory.
The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $2,150,000.
Profits due to an upward trend in home prices there averaged 8.33% per annum over a 3-year period.
Home owners selling their properties and realtors in CAMPERDOWN usually have to wait an average of 104 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $850 mark, reflecting a 2.06% increase in returns based on the current median price in CAMPERDOWN.
CAMPERDOWN, 2050 places 58th in Australia based on median property value growth during the quarter.
Camperdown is an inner-western suburb of Sydney, located approximately 4 kilometres south-west of the central business district. It falls under the jurisdictions of the City of Sydney and the Inner West Council.
As of the 2021 Census, Camperdown had a population of 9,381 residents. The median age was 31 years, with a significant portion of the population aged between 20 and 29. Approximately 59.4% of residents were born in Australia, followed by England (5.0%) and China (3.7%). English is the predominant language spoken at home (73.2%), with Mandarin (4.5%) and Cantonese (1.8%) also commonly spoken. The most reported religious affiliation was 'No Religion' (58.1%), followed by Catholicism (14.7%).
Camperdown offers various housing options, including Victorian terraced houses, modern apartments, and warehouse conversions. The median house price is approximately $2,037,500, with an annual capital growth of 12.23%. For units, the median price is around $905,000, with a yearly slight decrease of 0.33%. Rental yields are 2.68% for houses and 4.13% for units.
A significant portion of Camperdown comprises the University of Sydney, Australia's leading tertiary institution. The suburb is also home to the Royal Prince Alfred Hospital, a major public teaching hospital.
Camperdown is well-served by public transportation. Numerous bus routes run along Parramatta Road, and train stations in neighbouring suburbs are nearby. The suburb's location provides easy access to major roads, facilitating convenient travel to the Sydney CBD and surrounding areas.
The suburb boasts several parks, including Victoria Park and Camperdown Park, offering green spaces for leisure and recreational activities. Its proximity to vibrant areas like Newtown and Glebe provides residents with various dining, shopping, and entertainment options.
Camperdown's blend of historical charm, modern amenities, and strategic location contributes to its appeal as a desirable residential suburb in Sydney's Inner West.