NSW has seen average median house prices change by -4.21% which means that Cammeray, 2062 has not done well for property investors by showing a capital gain of -3.27% over the last year
Cammeray,2062 has offered an average of -3.27% return per annum in house price rises to property investors over the last three years.
In the last year 35 properties changed hands in Cammeray, which puts it as the 712th most active market in NSW when comparing the number of sales per suburb.
Property investors should expect to get $1200 weekly from the median priced house in this suburb.
Cammeray is in the bottom 10% in NSW when comparing median price capital growth over the last year. Cammeray gave property investors a dismal capital gain figure when compared to the rest of the state, with -26.24%.
A 21.48% growth in median value for property investors in Cammeray,2062 puts this suburb at number 154th in terms of best performing suburbs in NSW
Our latest figures would indicate that property sellers in Cammeray are currently offering property investors an average price cut of -6.91% below the asking price at the moment.
At number 770 in a list of fastest selling suburbs, Cammeray is just in the bottom half of suburbs in Australia with an average of days on market 84.7586 for properties listed there.
Cammeray is 462th on a list of best yielding suburbs for rents in NSW with a 3.42% return
Information supplied by:
Units dominate the market
Median unit price: $1,058,750
Stock on market: 115.4%
12-month growth: 18.3%
A suburb with a premium location just 5km from the Sydney CBD, Cammeray is experiencing rising unit stock, as the number of apartments listed increased from only 6 to 20 over the past 12 months leading up to November 2017.
The suburb overlooks the water, and is well-stocked with sought-after amenities including restaurants, cafes and a couple of shopping hubs, namely Green Park and Stockland Cammeray. The latter is home to the Harris Farm Markets. There are also several schools here, including Cammeray Public School and Anzac Park Public School, both of which offer primary education. Cammeray Children’s Centre acts as preschool and a childcare centre.
Cammeray is highly accessible thanks in part to the Long Gully Bridge, which links to suburbs in the north.