Property investors who have had real estate in Camberwell, 3124 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 12.24%
Camberwell,3124 has offered an average of 12.24% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Camberwell is offering property investors an average of -5.53. This rate of discount on properties puts Suburb at number 117th in terms of most discounted suburbs in VIC
With the median price for a house in Camberwell being $2100500 and the advertised rent reaching $730 the gross rental yield for property investors calculates out to be 1.81%
Investment property in Camberwell has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 4.71%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Camberwell has increased when compared to the 5 year average annual rate.
At number 2nd of VIC’s most discounted properties, Camberwell is in the bottom 10% of the state/territory when listing in order of most discounted to least.
Camberwell is 337th on a list of best yielding suburbs for rents in VIC with a 2.94% return