At number 984th in the list of Australian suburbs ordered by increase in median house value over the last year, Campbellfield, 3061 is in the top 30% with a property value increase of 10.00% recorded in median house prices.
Campbellfield,3061 was ranked 646 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Campbellfield are currently offering property investors an average price cut of -3.68% below the asking price at the moment.
At number 738 in a list of fastest selling suburbs, Campbellfield is in the TOP 20% of suburbs in Australia with an average of days on market 56.56 for properties listed there.
With the median price for a house in Campbellfield being $412500 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 4.41%
If you compare the increase in value of investment property in Campbellfield, 3061 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 6.03%.
Campbellfield,3061 was ranked 544 in Australia by increase in median property value over the quarter.
On average over the past year, suburb has had 1.33 sales per month, which equates to 16 per year.
Renters in Suburb are facing rents around $3390 per annum or $282.5 every week.