Suburb Profile Report for Cambridge Park NSW (2747)

Cambridge Park House: Median price $594,750, Annual capital growth 8.07%, Number of sales 121, Weekly median advertised rent $400

Cambridge Park Unit: Median price $505,000, Annual capital growth 6.44%, Number of sales 46, Weekly median advertised rent $395

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 9.05% which means that Cambridge Park, 2747 has done well for property investors by showing a capital gain of 5.27% over the last year

Across a shorter period, Cambridge Park, 2747 has seen a median price increase of 4.80% over the last quarter.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.45% offered to property buyers. Sellers in Cambridge Park itself are offering an average vendor discount of -4.07% to real estate investors.

Renters in Suburb are facing rents around $4800 per annum or $400 every week.

Cambridge Park, 2747 ranked 154th in NSW when comparing growth in median property values or capital gain over the last 12 months. Cambridge Park is one of 3163 in our list for NSW

Cambridge Park,2747 was ranked 220 in Australia by increase in median property value over the quarter.

Property investors looking for a bargain in Cambridge Park should be aiming for at least -3.54% off the asking price, which is the average vendor discount being achieved at the moment.

At number 31 in a list of fastest selling suburbs, Cambridge Park is in the TOP 10% of suburbs in Australia with an average of days on market 27.31 for properties listed there.

Using the current median advertised rental of $395 and the average annual increase in value of a median property of 6.44%, investors should hope to achieve an overall return of 4.07%

Metrics i HOUSE UNIT
$594,750 $505,000
4.80% 6.32%
5.27% 10.99%
8.07% 6.44%
$400 $395
121 46
3.50% 4.07%
59.51 27.31

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 6159
Median household income ($/weekly) 1239
Median age of persons 34
Median housing loan repayment ($/monthly) 1831
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 835 13.6
    25-34 years 981 15.9
    35-44 years 852 13.8
    45-54 years 724 11.8
    55-64 years 770 12.5
    Others 1997 32.4
    Age Group
    Census Count Percent(%)
    Registered Married 2087 45.4
    Not Married 2023 44.0
    Defacto Relationship 486 10.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 4912 83.4
    Greece 50 0.8
    Papua New Guinea 101 1.7
    United Kingdom 341 5.8
    Other 132 2.2
    Others 353 6.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 41 0.7
    Christianity 4430 78.1
    Islam 48 0.8
    Other Religious Groups 32 0.6
    No Religion 1095 19.3
    Others 23 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 202 10.3
    $1,000-$1,249 204 10.4
    $1,250-$1,499 200 10.2
    $1,500-$1,999 296 15.1
    $2,000-$2,499 243 12.4
    Others 819 41.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1994 43.0
    Not in the labour force 1591 34.3
    Employed, worked part-time 711 15.3
    Employed, away from work 173 3.7
    Unemployed, looking for work 172 3.7
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 493 17.1
    Clerical & administrative workers 525 18.2
    Sales 319 11.1
    Machinery operators & drivers 367 12.7
    Labourers 336 11.7
    Others 840 29.2
    Occupation
    Census Count Percent(%)
    Pre-school 138 9.6
    Infants/Primary 553 38.6
    Secondary 401 28.0
    Technical or Further Educational Institution 174 12.2
    University or other Tertiary Institutions 124 8.7
    Others 41 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4838 80.9
    Semi-detached, row or terrace house, townhouse 1054 17.6
    Flat, unit or apartment 76 1.3
    House or flat attached to a shop, office 10 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 930 43.7
    Fully owned 665 31.2
    Rented 524 24.6
    Other tenure type 10 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals