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Campbells Creek
AREA REPORTS

Campbells Creek

Campbells Creek - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3451

house

CAMPBELLS CREEK, 3451 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in VIC have risen as a whole, pulling CAMPBELLS CREEK, 3451 values up and netting property investors a capital gain of 13.17% for the past year.

Investors saw the median home price rise to $657,500.

Profits due to an upward trend in home prices in the suburb averaged 13.35% per annum over a 3-year period.

CAMPBELLS CREEK now ranks at the 569th 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 CAMPBELLS CREEK are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $450 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In CAMPBELLS CREEK, homes and units usually stay on listing for an average of 49.3 days.

In 2016, 44 properties were sold in CAMPBELLS CREEK during the past year, making it the 231st most active market in VIC based on total real estate transactions.

Data report can be found below

Campbells Creek
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $657,500 N/A
GROWTH REPORT
Median Quarterly 1.94% N/A
Median 12 month 13.17% N/A
Median 3 years 40.04% N/A
Median 5 years 51.15% N/A
10 years average annual 5.79% N/A
Weekly media advert. rent $450 N/A
Time on Market 49.3 days N/A
Gross Rental Yield Percent 3.56% N/A
demographics (median values)*
Total Population
5656
Weekly Household Income
1139
Household Size
2.40
Age
44
Monthly Loan Repayment
1300
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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