Macarthur Regional Organisation of CouncilsEconomic profile
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Camden Council area

Rental listings

At June 2016, the Macarthur Region had a median house rental of $500, $20 lower than the median house rental for Greater Sydney.

Housing valuation and rental data are a measure of the economic desirability of living in the local area. High and increasing rents are an indication of a strong economy and a desirable area, with access to jobs and services. Units are more commonly rented than houses, and renters tend to be younger than home owners on average. People may rent to be close to employment, entertainment and services, or they may rent while saving to buy a home.

Housing prices often factor in a home ownership premium, but rental costs are a more direct measure of the time-value of living in the area. Increases in rents often have a more direct relationship to employment and demand for housing.

Hometrack 2011-2016, Automated Valuation System

Rental listings
Camden Council area20162013Change
Housing value (at June)Camden Council areaGreater SydneyCamden Council area relative to Greater SydneyCamden Council areaGreater SydneyCamden Council area relative to Greater Sydney2013 to 2016
House--------------
First Quartile$440$420+4.8%$420$395+6.3%+$20
Median$500$520-3.8%$460$500-8.0%+$40
Third Quartile$550$700-21.4%$510$690-26.1%+$40
Median Rental Yield4.1%3.4%--5.5%4.7%----
Unit--------------
First Quartile$410$410+0.0%$360$380-5.3%+$50
Median$430$500-14.0%$400$460-13.0%+$30
Third Quartile$490$630-22.2%$426$580-26.6%+$64
Median Rental Yield4.5%4.1%--5.8%5.1%----

Source: Hometrack 2011-2016, Automated Valuation System.

Rental listings, 2016
Rental listings, 2016 Third Quartile, Greater Sydney: $630 Median, Greater Sydney: $500 First Quartile, Greater Sydney: $410 Third Quartile, Greater Sydney: $700 Median, Greater Sydney: $520 First Quartile, Greater Sydney: $420 Third Quartile, Camden Council area: $490 Median, Camden Council area: $430 First Quartile, Camden Council area: $410 Third Quartile, Camden Council area: $550 Median, Camden Council area: $500 First Quartile, Camden Council area: $440
Source: Hometrack 2011-2016, Automated Valuation System
Change in rental listings, 2013 to 2016
Change in rental listings, 2013 to 2016 Third Quartile, Greater Sydney: $50 Median, Greater Sydney: $40 First Quartile, Greater Sydney: $30 Third Quartile, Greater Sydney: $10 Median, Greater Sydney: $20 First Quartile, Greater Sydney: $25 Third Quartile, Camden Council area: $64 Median, Camden Council area: $30 First Quartile, Camden Council area: $50 Third Quartile, Camden Council area: $40 Median, Camden Council area: $40 First Quartile, Camden Council area: $20
Source: Hometrack 2011-2016, Automated Valuation System

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