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 8.19%
Camberwell,3124 has offered an average of 8.19% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -10.65% to buyers in Camberwell at the moment, which is less than average for the rest of VIC.
At number 1031 in a list of fastest selling suburbs, Camberwell is in the TOP 30% of suburbs in Australia with an average of days on market 63.51 for properties listed there.
Renters in Suburb are facing rents around $8400 per annum or $700 every week.
At number 1146th in the list of Australian suburbs ordered by increase in median house value over the last year, Camberwell, 3124 is in the BOTTOM 40% with a property value increase of -0.62% recorded in median house prices.
Camberwell,3124 was ranked 1353 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Camberwell should be aiming for at least -10.04% off the asking price, which is the average vendor discount being achieved at the moment.
Camberwell is 326th on a list of best yielding suburbs for rents in VIC with a 3.15% return