Suburb Profile Report for Camberwell VIC (3124)

Camberwell House: Median price $2,100,500, Annual capital growth 9.37%, Number of sales 260, Weekly median advertised rent $730

Camberwell Unit: Median price $778,000, Annual capital growth 7.15%, Number of sales 120, Weekly median advertised rent $440

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

Source: CoreLogic

  • House Report
  • Unit Report

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

Metrics i HOUSE UNIT
$2,100,500 $778,000
0.02% 3.60%
12.24% 4.71%
9.37% 7.15%
$730 $440
260 120
1.81% 2.94%
60.09 88.91

Source: CoreLogic

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