Investment property in Camden has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.49%
Taking the average capital gain, or increase in median house value, Camden,2570 has racked up an average of 1.49% over the period. This ranks it number 595th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -5.03% to buyers in Camden at the moment, which is less than average for the rest of NSW.
With a capital gain of 2.17% for the last 12 months, Camden, 2570 has performed for property investments than its average annual 5.71% property growth over the last 5 years.
Camden,2570 was ranked 1421 in Australia by increase in median property value over the quarter.
Vendor discounting in Camden is giving property investors an average Vendor Discount of around -3.29%. This puts suburb at number 324th in NSW when ranking the most discounted suburbs.
On average over the past year, suburb has had 2.33 sales per month, which equates to 28 per year.
Using the current median advertised rental of $410 and the average annual increase in value of a median property of 5.71%, investors should hope to achieve an overall return of 4.54%