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 4.93%
Over the longer term, Camberwell has seen property prices show investors a 46.65% return over the last 3 years. This is worse than over the last 12 months
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.99% offered to property buyers. Sellers in Camberwell itself are offering an average vendor discount of -12.75% to real estate investors.
Camberwell is 582th on a list of best yielding suburbs for rents in VIC with a 1.97% return
Over the last year, property investments in Camberwell, 3124 have given investors a capital gain of 3.00%. This compares averagely with the 4.09% for VIC as a whole.
Taking the average capital gain, or increase in median house value, Camberwell,3124 has racked up an average of 3.00% over the period. This ranks it number 322th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Camberwell is offering property investors an average of -5.27. This rate of discount on properties puts Suburb at number 13th in terms of most discounted suburbs in VIC
Camberwell, 3124’s gross rental yield is 3.11%