Suburb Profile Report for Camberwell VIC (3124)

Camberwell House: Median price $2,096,000, Annual capital growth 10.07%, Number of sales 239, Weekly median advertised rent $700

Camberwell Unit: Median price $752,500, Annual capital growth 6.81%, Number of sales 134, Weekly median advertised rent $430

  • 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 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.

Metrics i HOUSE UNIT
$2,096,000 $752,500
4.49% 3.35%
12.39% 1.69%
10.07% 6.81%
$700 $430
239 134
1.74% 2.97%
55.97 71.1

Source: CoreLogic

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