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 12.39%
Taking the average capital gain, or increase in median house value, Camberwell,3124 has racked up an average of 12.39% over the period. This ranks it number 454th in the whole country for real estate investors looking at median house price increases.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.80% offered to property buyers. Sellers in Camberwell itself are offering an average vendor discount of -9.21% to real estate investors.
Camberwell is 597th on a list of best yielding suburbs for rents in VIC with a 1.74% return
Camberwell has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 1.69% to date .
The five-year average increase in median property values for Camberwell,3124 has given property investors a potential capital gain of 19.07% across each of those five years.
Sellers are offering property buyers an average discount of -8.34% to buyers in Camberwell at the moment, which is less than average for the rest of VIC.
Property investors should expect to get $430 weekly from the median priced house in this suburb.