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AREA REPORTS

Camberwell

Suburb Profile

Camberwell - FREE 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 0.71% 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 $2,115,000

The augmented property values in the suburb are trailing above the territorial average of 4.26% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $800.

Home owners selling their properties and realtors in CAMBERWELL usually have to wait an average of 61.5 days days before their assets are lifted off the market.

The VIC suburb ranks 612th on the list of best yielding suburbs for rental properties in VIC, posting a 1.97% return.

It also places places 248th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,115,000 $855,000
GROWTH REPORT
Median Quarterly 2.67% 3.01%
Median 12 month 6.68% 21.28%
Median 3 years 0.71% 18.59%
Median 5 years 28.18% 22.32%
10 years average annual 5.72% 4.01%
Weekly media advert. rent $800 $485
Time on Market 61.5 days 53.2 days
Gross Rental Yield Percent 1.97% 2.95%
demographics (median values)
Total Population
19633
Weekly Household Income
1666
Household Size
2.70
demographics
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