Suburb Profile Report for Camberwell VIC (3124)

Camberwell House: Median price $1,950,000, Annual capital growth 9.28%, Number of sales 232, Weekly median advertised rent $710

Camberwell Unit: Median price $720,000, Annual capital growth 7.74%, Number of sales 136, Weekly median advertised rent $430

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Camberwell have tracked close to the VIC average of 7.80% over the last 12 months.

If we look at median property appreciation over just the last three months, Camberwell has given property investors a paper return of 4.24%. This puts Suburb as 120 on a list of fastest fasting appreciating suburbs in VIC

Vendor discounting in Camberwell is giving property investors an average Vendor Discount of around -10.86%. This puts suburb at number 38th in VIC when ranking the most discounted suburbs.

The VIC suburb of Camberwell, 3124 is in the Boroondara local government area.

With a capital gain of 2.86% for the last 12 months, Camberwell, 3124 has performed for property investments than its average annual 7.74% property growth over the last 5 years.

The five-year average increase in median property values for Camberwell,3124 has given property investors a potential capital gain of 15.38% across each of those five years.

Property buyers and investors in Camberwell 3124 should be seeing an average reduction in asking price of around -8.16% . This means that Camberwell is holding prices well when compared to other suburbs in VIC.

A $430 per week rent on the median house gives suburb investors a gross yield of circa 3.11%, without taking into account capital value appreciation, which has been averaging out at 7.74%.

HOUSE UNIT
$1,950,000 $720,000
4.24% -3.10%
7.14% 2.86%
9.28% 7.74%
$710 $430
232 136
1.89% 3.11%
67.92 50.52

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (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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