Located in New South Wales within the Camden local government area, Camden is a compact suburb (postcode 2570). It is home to about 3,378 residents, with a settled mid-life population and a median age of 43. Households earn a median income of $86K per year, with an average household size of 2.4 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +3.7% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, technicians & trades, clerical & administrative. Employment in the area leans toward construction and healthcare. The top ancestries reported are Australian, English, Irish.
Camden has a median house price of $1.9 million, which has jumped by 71.5% year-on-year. Units have a median price of $643,000 (+1% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $2,143.
Camden is served by 8 schools, including 6 primary, 1 secondary, 1 special. The average ICSEA score is 1016, which is around the national average of 1,000. Public transport access includes 28 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Camden LGA is low at 1,786 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 2.1%, which reads as low yield. Property prices are near the state median ($1.9M/$1.5M). The price-to-income ratio of 22.1x is considered stretched. House prices have moved +71.5% year-on-year. Population growth of +3.7% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.