Suburb Profile Report for Campbellfield VIC (3061)

Campbellfield House: Median price $550,000, Annual capital growth 8.26%, Number of sales 45, Weekly median advertised rent $380

Campbellfield Unit: Median price $390,500, Annual capital growth 7.60%, Number of sales 14, Weekly median advertised rent $230

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

Source: CoreLogic

  • House Report
  • Unit Report

Campbellfield has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 24.86% to date .

Over the longer term, Campbellfield has seen property prices show investors a 56.03% return over the last 3 years. This is worse than over the last 12 months

Vendor discounting in Campbellfield is giving property investors an average Vendor Discount of around -3.16%. This puts suburb at number 578th in VIC when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Campbellfield the average time real estate has been on the market is 34.96 days.

At number 1065th in the list of Australian suburbs ordered by increase in median house value over the last year, Campbellfield, 3061 is in the BOTTOM 40% with a property value increase of -0.51% recorded in median house prices.

Vendor discounting in Campbellfield is giving property investors an average Vendor Discount of around -3.06%. This puts suburb at number 269th in VIC when ranking the most discounted suburbs.

Residents and property investors in Campbellfield have been waiting around 37.63 days to sell a property.

Advertised rents are around the $230 mark per week – giving a return of 3.06% based on the median price in Suburb

Metrics i HOUSE UNIT
$550,000 $390,500
3.58% N/A
24.86% -0.51%
8.26% 7.60%
$380 $230
45 14
3.59% 3.06%
34.96 37.63

Source: CoreLogic

DSR Score for property investment : Very good (H), Above average (U)
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Demographics
Total population 5466
Median household income ($/weekly) 784
Median age of persons 34
Median housing loan repayment ($/monthly) 1500
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 736 13.5
    25-34 years 800 14.6
    35-44 years 696 12.7
    45-54 years 547 10.0
    55-64 years 583 10.7
    Others 2104 38.5
    Age Group
    Census Count Percent(%)
    Registered Married 2060 51.7
    Not Married 1854 46.5
    Defacto Relationship 70 1.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 2262 45.2
    Ireland 682 13.6
    Japan 375 7.5
    Malaysia 404 8.1
    Other 354 7.1
    Others 926 18.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 84 1.7
    Christianity 2899 58.0
    Hinduism 72 1.4
    Islam 1723 34.5
    No Religion 153 3.1
    Others 63 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 267 18.4
    $600-$799 227 15.6
    $800-$999 154 10.6
    $1,000-$1,249 145 10.0
    $1,500-$1,999 139 9.6
    Others 521 35.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2287 57.8
    Employed, worked full-time 886 22.4
    Employed, worked part-time 461 11.7
    Unemployed, looking for work 191 4.8
    Employed, away from work 129 3.3
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 305 20.6
    Clerical & administrative workers 152 10.3
    Sales 150 10.1
    Machinery operators & drivers 226 15.3
    Labourers 232 15.7
    Others 414 28.0
    Occupation
    Census Count Percent(%)
    Infants/Primary 379 32.8
    Secondary 367 31.8
    Technical or Further Educational Institution 146 12.6
    University or other Tertiary Institutions 120 10.4
    Other type of educational institution 78 6.8
    Others 65 5.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4599 89.5
    Semi-detached, row or terrace house, townhouse 279 5.4
    Caravan, cabin, houseboat 162 3.2
    Flat, unit or apartment 77 1.5
    House or flat attached to a shop, office 19 0.4
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 725 45.8
    Being purchased 431 27.2
    Rented 421 26.6
    Other tenure type 7 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals