Camberwell is a large suburb in Victoria within the Boroondara local government area (postcode 3124). With a population of 21,965, the suburb has an established demographic with a median age of 43. Households earn a median income of $128K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Camberwell is $2.6 million, having increased 2.4% over the past year. Units have a median price of $915,000 (-2.6% YoY). The current median weekly rent is $565. This gives a gross rental yield of approximately 1.1%. The median monthly mortgage repayment is $3,000.
Camberwell is served by 5 schools, including 3 primary, 2 secondary. The average ICSEA score is 1149, which is well above the national average of 1,000. Public transport access includes 13 rail stations, 117 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Boroondara LGA is moderate at 5,549 incidents per 100,000 population.
From an investment perspective, Camberwell offers a gross rental yield of 1.1%, rated as low yield. Property prices are above the state median ($2.6M/$875K), placing it in the premium segment. The price-to-income ratio of 20.4x is considered stretched. House prices have moved +2.4% year-on-year.
Camberwell is a large suburb in Victoria within the Boroondara local government area (postcode 3124). With a population of 21,965, the suburb has an established demographic with a median age of 43. Households earn a median income of $128K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Camberwell is $2.6 million, having increased 2.4% over the past year. Units have a median price of $915,000 (-2.6% YoY). The current median weekly rent is $565. This gives a gross rental yield of approximately 1.1%. The median monthly mortgage repayment is $3,000.
Camberwell is served by 5 schools, including 3 primary, 2 secondary. The average ICSEA score is 1149, which is well above the national average of 1,000. Public transport access includes 13 rail stations, 117 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Boroondara LGA is moderate at 5,549 incidents per 100,000 population.
From an investment perspective, Camberwell offers a gross rental yield of 1.1%, rated as low yield. Property prices are above the state median ($2.6M/$875K), placing it in the premium segment. The price-to-income ratio of 20.4x is considered stretched. House prices have moved +2.4% year-on-year.