Suburb Profile Report for Camberwell VIC (3124)

Camberwell House: Median price $2,003,000, Annual capital growth 9.21%, Number of sales 222, Weekly median advertised rent $700

Camberwell Unit: Median price $718,500, Annual capital growth 6.40%, Number of sales 133, Weekly median advertised rent $435

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Camberwell 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 8.19%

Camberwell,3124 has offered an average of 8.19% return per annum in house price rises to property investors over the last three years.

Sellers are offering property buyers an average discount of -10.65% to buyers in Camberwell at the moment, which is less than average for the rest of VIC.

At number 1031 in a list of fastest selling suburbs, Camberwell is in the TOP 30% of suburbs in Australia with an average of days on market 63.51 for properties listed there.

Renters in Suburb are facing rents around $8400 per annum or $700 every week.

At number 1146th in the list of Australian suburbs ordered by increase in median house value over the last year, Camberwell, 3124 is in the BOTTOM 40% with a property value increase of -0.62% recorded in median house prices.

Camberwell,3124 was ranked 1353 in Australia by increase in median property value over the quarter.

Property investors looking for a bargain in Camberwell should be aiming for at least -10.04% off the asking price, which is the average vendor discount being achieved at the moment.

Camberwell is 326th on a list of best yielding suburbs for rents in VIC with a 3.15% return

Metrics i HOUSE UNIT
$2,003,000 $718,500
1.74% -2.31%
8.19% -0.62%
9.21% 6.40%
$700 $435
222 133
1.82% 3.15%
63.51 57.58

Source: CoreLogic

DSR Score for property investment : Good (H), Balanced (U)
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Demographics
Total population 20028
Median household income ($/weekly) 2122
Median age of persons 41
Median housing loan repayment ($/monthly) 2500
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 2648 13.2
    25-34 years 1950 9.7
    35-44 years 2585 12.9
    45-54 years 3052 15.2
    55-64 years 2525 12.6
    Others 7269 36.3
    Age Group
    Census Count Percent(%)
    Registered Married 8067 54.8
    Not Married 5782 39.3
    Defacto Relationship 872 5.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 14251 73.2
    Croatia 532 2.7
    Papua New Guinea 433 2.2
    United Kingdom 948 4.9
    Other 643 3.3
    Others 2663 13.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 453 2.5
    Christianity 11792 63.9
    Hinduism 343 1.9
    Judaism 191 1.0
    No Religion 5491 29.7
    Others 193 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 643 10.5
    $2,000-$2,499 487 8.0
    $2,500-$2,999 898 14.7
    $3,000-$3,499 644 10.6
    $4,000 or more 773 12.7
    Others 2658 43.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 5973 37.8
    Not in the labour force 5445 34.4
    Employed, worked part-time 3490 22.1
    Employed, away from work 494 3.1
    Unemployed, looking for work 415 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 1841 18.5
    Professionals 3837 38.6
    Community & personal service workers 716 7.2
    Clerical & administrative workers 1430 14.4
    Sales 900 9.0
    Others 1227 12.3
    Occupation
    Census Count Percent(%)
    Pre-school 408 7.0
    Infants/Primary 1772 30.6
    Secondary 1663 28.7
    Technical or Further Educational Institution 264 4.6
    University or other Tertiary Institutions 1568 27.1
    Others 117 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 14825 80.0
    Semi-detached, row or terrace house, townhouse 1836 9.9
    Flat, unit or apartment 1830 9.9
    House or flat attached to a shop, office 43 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 3093 45.6
    Being purchased 2152 31.7
    Rented 1499 22.1
    Other tenure type 40 0.6
    Tenure Type
Census 2011, ABS
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Recent sales & rentals