Suburb Profile Report for Campbellfield VIC (3061)

Campbellfield House: Median price $391,000, Annual capital growth 5.08%, Number of sales 51, Weekly median advertised rent $350

Campbellfield Unit: Median price $340,000, Annual capital growth 0.01%, Number of sales 15, Weekly median advertised rent $283

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Campbellfield has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.31%

The five-year average increase in median property values for Campbellfield,3061 has given property investors a potential capital gain of 4.27% across each of those five years.

Our latest figures would indicate that property sellers in Campbellfield are currently offering property investors an average price cut of -3.50% below the asking price at the moment.

At number 269 in a list of fastest selling suburbs, Campbellfield is in the TOP 10% of suburbs in Australia with an average of days on market 41.69 for properties listed there.

Renters in Suburb are facing rents around $4200 per annum or $350 every week.

If you compare the increase in value of investment property in Campbellfield, 3061 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -0.29%.

With the median price for a house in Campbellfield being $340000 and the advertised rent reaching $282.5 the gross rental yield for property investors calculates out to be 4.32%

HOUSE UNIT
$391,000 $340,000
4.27% -7.04%
8.31% -0.29%
5.08% 0.01%
$350 $283
51 15
4.65% 4.32%
41.69 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 5466
Median household income ($/weekly) 784
Median age of persons 34
Median housing loan repayment ($/monthly) 1500
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 736 13.5
    25-34 years 800 14.6
    35-44 years 696 12.7
    45-54 years 547 10.0
    55-64 years 583 10.7
    Others 2104 38.5
    Age Group
    Census Count Percent(%)
    Registered Married 2060 51.7
    Not Married 1854 46.5
    Defacto Relationship 70 1.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 2262 45.2
    Ireland 682 13.6
    Japan 375 7.5
    Malaysia 404 8.1
    Other 354 7.1
    Others 926 18.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 84 1.7
    Christianity 2899 58.0
    Hinduism 72 1.4
    Islam 1723 34.5
    No Religion 153 3.1
    Others 63 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 267 18.4
    $600-$799 227 15.6
    $800-$999 154 10.6
    $1,000-$1,249 145 10.0
    $1,500-$1,999 139 9.6
    Others 521 35.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2287 57.8
    Employed, worked full-time 886 22.4
    Employed, worked part-time 461 11.7
    Unemployed, looking for work 191 4.8
    Employed, away from work 129 3.3
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 305 20.6
    Clerical & administrative workers 152 10.3
    Sales 150 10.1
    Machinery operators & drivers 226 15.3
    Labourers 232 15.7
    Others 414 28.0
    Occupation
    Census Count Percent(%)
    Infants/Primary 379 32.8
    Secondary 367 31.8
    Technical or Further Educational Institution 146 12.6
    University or other Tertiary Institutions 120 10.4
    Other type of educational institution 78 6.8
    Others 65 5.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4599 89.5
    Semi-detached, row or terrace house, townhouse 279 5.4
    Caravan, cabin, houseboat 162 3.2
    Flat, unit or apartment 77 1.5
    House or flat attached to a shop, office 19 0.4
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 725 45.8
    Being purchased 431 27.2
    Rented 421 26.6
    Other tenure type 7 0.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals