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The suburb’s capital gain of 6.62% for the past year is lower than average compared to its 45.66% growth within a five-year period.
Also in CAMDEN, the median home price is sitting at $725,000, and the average rent at $445, this suggests property owners could potentially earn a 3.19% increase in gross rental yield.
Property investors have seen a 6.03% gain in CAMDEN based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.69% growth over a ten-year period. It ranks 1375th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $725,000 | $442,000 |
| GROWTH REPORT | ||
| Median Quarterly | 6.03% | 5.11% |
| Median 12 month | 6.62% | -5.25% |
| Median 3 years | 7.01% | -5.96% |
| Median 5 years | 45.66% | 16.32% |
| 10 years average annual | 7.69% | 4.76% |
| Weekly media advert. rent | $445 | $412.5 |
| Time on Market | 61.7 days | 119.1 days |
| Gross Rental Yield Percent | 3.19% | 4.85% |
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