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The suburb’s capital gain of -3.01% for the past year is lower than average compared to its 42.41% growth within a five-year period.
Also in CAMDEN, the median home price is sitting at $685,000, and the average rent at $460, this suggests property owners could potentially earn a 3.49% increase in gross rental yield.
Property investors have seen a -0.72% drop in CAMDEN based on a decrease 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 7.43% growth over a ten-year period. It ranks 452nd on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $685,000 | $390,000 |
| GROWTH REPORT | ||
| Median Quarterly | -0.72% | -14.85% |
| Median 12 month | -3.01% | -20.97% |
| Median 3 years | 10.48% | -19.3% |
| Median 5 years | 42.41% | 8.33% |
| 10 years average annual | 7.43% | 4.29% |
| Weekly media advert. rent | $460 | $410 |
| Time on Market | 56.7 days | 0.0 days |
| Gross Rental Yield Percent | 3.49% | 5.47% |
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