Suburb Profile Report for Cammeray NSW (2062)

Cammeray House: Median price $2,330,000, Annual capital growth 7.56%, Number of sales 41, Weekly median advertised rent $1,113

Cammeray Unit: Median price $1,025,000, Annual capital growth 6.63%, Number of sales 126, Weekly median advertised rent $610

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

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  • Unit Report

If you compare the increase in value of investment property in Cammeray, 2062 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 1.30%.

The five-year average increase in median property values for Cammeray,2062 has given property investors a potential capital gain of 41.64% across each of those five years.

Situated 5.18km from the CBD, Cammeray is one of North Sydney (A) localities in the postcode 2062.

Property investors who have had real estate in Cammeray, 2062 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -2.38%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Cammeray has increased when compared to the 5 year average annual rate.

Our latest figures would indicate that property sellers in Cammeray are currently offering property investors an average price cut of -5.85% below the asking price at the moment.

On average over the past year, suburb has had 10.50 sales per month, which equates to 126 per year.

Information supplied by:


January 2018

M
O

W
E

Units dominate the market

Postcode: 2062

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.

Metrics i HOUSE UNIT
$2,330,000 $1,025,000
2.53% 7.89%
1.30% -2.38%
7.56% 6.63%
$1,113 $610
41 126
2.48% 3.09%
N/A 84.2857142857143

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 6783
Median household income ($/weekly) 2239
Median age of persons 37
Median housing loan repayment ($/monthly) 2754
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 543 8.0
    25-34 years 1518 22.4
    35-44 years 1297 19.1
    45-54 years 928 13.7
    55-64 years 734 10.8
    Others 1764 26.0
    Age Group
    Census Count Percent(%)
    Not Married 2218 43.3
    Registered Married 2202 42.9
    Defacto Relationship 707 13.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 4235 66.6
    Papua New Guinea 245 3.9
    South Africa 100 1.6
    United Kingdom 521 8.2
    Other 377 5.9
    Others 878 13.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 180 3.0
    Christianity 3753 61.5
    Hinduism 99 1.6
    Judaism 118 1.9
    No Religion 1885 30.9
    Others 66 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 322 11.7
    $2,000-$2,499 208 7.6
    $2,500-$2,999 538 19.5
    $3,000-$3,499 237 8.6
    $4,000 or more 362 13.1
    Others 1087 39.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2960 54.9
    Not in the labour force 1142 21.2
    Employed, worked part-time 924 17.1
    Employed, away from work 203 3.8
    Unemployed, looking for work 163 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 871 21.3
    Professionals 1630 39.9
    Community & personal service workers 260 6.4
    Clerical & administrative workers 648 15.9
    Sales 268 6.6
    Others 409 10.0
    Occupation
    Census Count Percent(%)
    Pre-school 141 10.6
    Infants/Primary 413 31.0
    Secondary 227 17.0
    Technical or Further Educational Institution 108 8.1
    University or other Tertiary Institutions 378 28.3
    Others 67 5.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 3122 50.3
    Separate house 2229 35.9
    Semi-detached, row or terrace house, townhouse 812 13.1
    Caravan, cabin, houseboat 23 0.4
    House or flat attached to a shop, office 16 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1266 42.8
    Being purchased 902 30.5
    Fully owned 778 26.3
    Other tenure type 13 0.4
    Tenure Type
Census 2011, ABS
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