Camden CouncilEconomic profile
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Camden Council area

Housing valuation

At June 2017, Camden Council area had a median house valuation of $754,431, $43,425 higher than the median house valuation for New South Wales.

Housing valuation and rental data are a measure of the economic desirability of living in the local area. High housing prices usually indicate access to high-paid jobs and a very desirable area. However they can present issues in attracting and retaining key lower skilled workers. Lower housing prices indicate less demand and may be an asset for attracting people to live in the area. However they can also indicate lower paid and lower skilled jobs or a declining economy.

Housing prices often factor in a home ownership premium due to expected capital growth and the ability to customise the property, but rental costs are a more direct measure of the immediate economic value of living in the area. Increases in rents often have a more direct relationship to employment and demand for housing.

Hometrack 2013-2017, Housing Valuation System

Housing values
Camden Council area20172013Change
Housing value (at June)Camden Council areaNew South WalesCamden Council area relative to New South WalesCamden Council areaNew South WalesCamden Council area relative to New South Wales2013 to 2017
House--------------
First Quartile$662,255$459,213+44.2%$413,637$331,720+24.7%+$248,618
Median$754,431$711,006+6.1%$478,342$457,239+4.6%+$276,089
Third Quartile$890,318$1,184,666-24.8%$571,494$701,375-18.5%+$318,824
Unit--------------
First Quartile$445,505$461,371-3.4%$311,934$305,938+2.0%+$133,571
Median$497,573$671,543-25.9%$330,971$430,178-23.1%+$166,602
Third Quartile$542,162$903,371-40.0%$391,365$570,847-31.4%+$150,797

Source: Hometrack 2011-2016, Housing Valuation System.

Housing values, 2017
Housing values, 2017 Third Quartile, New South Wales: $903,371 Median, New South Wales: $671,543 First Quartile, New South Wales: $461,371 Third Quartile, New South Wales: $1,184,666 Median, New South Wales: $711,006 First Quartile, New South Wales: $459,213 Third Quartile, Camden Council area: $542,162 Median, Camden Council area: $497,573 First Quartile, Camden Council area: $445,505 Third Quartile, Camden Council area: $890,318 Median, Camden Council area: $754,431 First Quartile, Camden Council area: $662,255
Source: Hometrack 2011-2016, Housing Valuation System
Change in housing values, 2013 to 2017
Change in housing values, 2013 to 2017 Third Quartile, New South Wales: $332,524 Median, New South Wales: $241,365 First Quartile, New South Wales: $155,433 Third Quartile, New South Wales: $483,291 Median, New South Wales: $253,767 First Quartile, New South Wales: $127,493 Third Quartile, Camden Council area: $150,797 Median, Camden Council area: $166,602 First Quartile, Camden Council area: $133,571 Third Quartile, Camden Council area: $318,824 Median, Camden Council area: $276,089 First Quartile, Camden Council area: $248,618
Source: Hometrack 2011-2016, Housing Valuation System

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