Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,100,000.
The upward trend in home prices in CAMDEN SOUTH, 2570 averaged 5.67% per annum over a 3-year period.
Average weekly rents on listings have reached the $680 mark, reflecting a 3.21% increase in returns based on the current median price in CAMDEN SOUTH.
An average of 5.42 real estate transactions take place per month in CAMDEN SOUTH which translates to 65 per annum.
65 properties were sold in CAMDEN SOUTH in 2016, making it the 219th most active market in NSW based on total real estate transactions.
CAMDEN SOUTH, 2570 places 862nd in Australia based on median property value growth during the quarter.
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 $747,500.
Average median unit prices in NSW have risen as a whole, pulling CAMDEN SOUTH, 2570 values up and netting property investors a capital gain of 7.17% for the past year.
Investors saw the median home price rise to $747,500.
The upward trend in home prices in CAMDEN SOUTH, 2570 averaged 20.25% per annum over a 3-year period.
CAMDEN SOUTH now ranks at the th place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in CAMDEN SOUTH are high, as opposed to average gains per annum over the past five years.
Real estate investors could earn a rental income of N/A based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In CAMDEN SOUTH, homes and units usually stay on listing for an average of N/A.
10 properties were sold in CAMDEN SOUTH in 2016, making it the 652nd most active market in NSW based on total real estate transactions.