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Camberwell
AREA REPORTS

Camberwell

Camberwell - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3124

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 24.25% capital gain.

It 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 $2,584,444

The augmented property values in the suburb are trailing above the territorial average of 18.09% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $820.

Home owners selling their properties and realtors in CAMBERWELL usually have to wait an average of 61.1 days days before their assets are lifted off the market.

The VIC suburb ranks 569th on the list of best yielding suburbs for rental properties in VIC, posting a 1.65% return.

It also places places 421st in Australia based on median property value growth during the quarter.

Data report can be found below

Camberwell
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,584,444 $906,000
GROWTH REPORT
Median Quarterly 3.38% 2.37%
Median 12 month 23.42% 10.49%
Median 3 years 24.25% 8.15%
Median 5 years 27.94% 27.43%
10 years average annual 7.28% 3.55%
Weekly media advert. rent $820 $450
Time on Market 61.1 days 58.2 days
Gross Rental Yield Percent 1.65% 2.58%
demographics (median values)*
Total Population
22094
Weekly Household Income
2195
Household Size
2.70
Age
41
Monthly Loan Repayment
2500
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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