Giving property investors a a poor capital gain of -9.34% for the last year, Camberwell, 3124 is the 4036th highest performer in Australia in this respect.
Comparing Camberwell,3124 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Camberwell3124 is located in VIC which offers an average discount of -6.01% to property investors. Camberwell itself is showing figures that indicate -6.25% is the average achievable by property buyers investing in the suburb.
At number 335th in the list of Australian suburbs ordered by increase in median house value over the last year, Camberwell, 3124 is in the top 20% with a property value increase of 9.88% recorded in median house prices.
The five-year average increase in median property values for Camberwell,3124 has given property investors a potential capital gain of 54.25% across each of those five years.
Camberwell is 365th on a list of best yielding suburbs for rents in VIC with a 2.69% return
Part of the Boroondara LGA, the large suburb of Camberwell is known for its historic houses and its peaceful, leafy streets – in fact, Camberwell is among Melbourne’s most prestigious suburbsFull summary
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Median unit price: $855,000
Rental vacancy rate: 6.5%
Three-year growth: 24.1%
Part of the Boroondara LGA, the large suburb of Camberwell is known for its historic houses and its peaceful, leafy streets – in fact, Camberwell is among Melbourne’s most prestigious suburbs.
Despite the hefty price tag, buyers have not shied away from this suburb, with demand consistent pushing values upward. Tenants, however, tell a different story as the average rental vacancy rate rose as well from 5.6% to 6.5% in the year to August 2018. The average rent rate comes in at $450 per week, with landlords reaping 2.7% returns on average.
The Burke Road shopping strip is found here, and halfway along this strip is the Camberwell railway station – a large terminal that serves the train lines for Belgrave, Lilydale and Alamein. The suburb is also connected to Burke Road, Toorak Road, Riversdale Road and Warrigal Road.Close