Suburb Profile Report for Cambridge Park NSW (2747)

Cambridge Park House: Median price $610,000, Annual capital growth 7.78%, Number of sales 83, Weekly median advertised rent $400

Cambridge Park Unit: Median price $505,000, Annual capital growth 6.91%, Number of sales 24, Weekly median advertised rent $400

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

At number 2149th in the list of Australian suburbs ordered by increase in median house value over the last year, Cambridge Park, 2747 is in the BOTTOM 50% with a property value increase of -2.44% recorded in median house prices.

Over the longer term, Cambridge Park has seen property prices show investors a 8.69% return over the last 3 years. This is worse than over the last 12 months

Cambridge Park, 2747 is offering NSW ‘s 407th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.

At number 1911 in a list of fastest selling suburbs, Cambridge Park is just in the bottom half of suburbs in Australia with an average of days on market 78.9118 for properties listed there.

With a capital gain of -6.05% for the last 12 months, Cambridge Park, 2747 has performed for property investments than its average annual 6.91% property growth over the last 5 years.

The five-year average increase in median property values for Cambridge Park,2747 has given property investors a potential capital gain of 42.25% across each of those five years.

Sellers are offering property buyers an average discount of -9.13% to buyers in Cambridge Park at the moment, which is less than average for the rest of NSW.

On average over the past year, suburb has had 2.00 sales per month, which equates to 24 per year.

Using the current median advertised rental of $400 and the average annual increase in value of a median property of 6.91%, investors should hope to achieve an overall return of 4.12%

Metrics i HOUSE UNIT
$610,000 $505,000
-3.17% -0.98%
-2.44% -6.05%
7.78% 6.91%
$400 $400
83 24
3.41% 4.12%
78.9117647058824 68.1666666666667

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 6159
Median household income ($/weekly) 1239
Median age of persons 34
Median housing loan repayment ($/monthly) 1831
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 835 13.6
    25-34 years 981 15.9
    35-44 years 852 13.8
    45-54 years 724 11.8
    55-64 years 770 12.5
    Others 1997 32.4
    Age Group
    Census Count Percent(%)
    Registered Married 2087 45.4
    Not Married 2023 44.0
    Defacto Relationship 486 10.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 4912 83.4
    Greece 50 0.8
    Papua New Guinea 101 1.7
    United Kingdom 341 5.8
    Other 132 2.2
    Others 353 6.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 41 0.7
    Christianity 4430 78.1
    Islam 48 0.8
    Other Religious Groups 32 0.6
    No Religion 1095 19.3
    Others 23 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 202 10.3
    $1,000-$1,249 204 10.4
    $1,250-$1,499 200 10.2
    $1,500-$1,999 296 15.1
    $2,000-$2,499 243 12.4
    Others 819 41.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1994 43.0
    Not in the labour force 1591 34.3
    Employed, worked part-time 711 15.3
    Employed, away from work 173 3.7
    Unemployed, looking for work 172 3.7
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 493 17.1
    Clerical & administrative workers 525 18.2
    Sales 319 11.1
    Machinery operators & drivers 367 12.7
    Labourers 336 11.7
    Others 840 29.2
    Occupation
    Census Count Percent(%)
    Pre-school 138 9.6
    Infants/Primary 553 38.6
    Secondary 401 28.0
    Technical or Further Educational Institution 174 12.2
    University or other Tertiary Institutions 124 8.7
    Others 41 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4838 80.9
    Semi-detached, row or terrace house, townhouse 1054 17.6
    Flat, unit or apartment 76 1.3
    House or flat attached to a shop, office 10 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 930 43.7
    Fully owned 665 31.2
    Rented 524 24.6
    Other tenure type 10 0.5
    Tenure Type
Census 2011, ABS
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