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%.