Camden CouncilEconomic profile
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Camden Council area

Housing valuation

At June 2018, Camden Council area had a median house valuation of $758,628, $18,184 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 2014-2018, Housing Valuation System

Housing values
Camden Council area20182014Change
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 Wales2014 to 2018
House--------------
First Quartile$685,487$498,085+37.6%$453,734$361,802+25.4%+$231,753
Median$758,628$740,444+2.5%$524,998$508,933+3.2%+$233,630
Third Quartile$868,978$1,171,986-25.9%$624,392$799,290-21.9%+$244,586
Unit--------------
First Quartile$484,389$485,261-0.2%$331,725$343,269-3.4%+$152,664
Median$534,287$676,368-21.0%$352,881$496,521-28.9%+$181,406
Third Quartile$592,198$890,202-33.5%$401,246$659,154-39.1%+$190,952

Source: Hometrack 2014-2018, Housing Valuation System.

Housing values, 2018
Housing values, 2018 Third Quartile, New South Wales: $890,202 Median, New South Wales: $676,368 First Quartile, New South Wales: $485,261 Third Quartile, New South Wales: $1,171,986 Median, New South Wales: $740,444 First Quartile, New South Wales: $498,085 Third Quartile, Camden Council area: $592,198 Median, Camden Council area: $534,287 First Quartile, Camden Council area: $484,389 Third Quartile, Camden Council area: $868,978 Median, Camden Council area: $758,628 First Quartile, Camden Council area: $685,487
Source: Hometrack 2014-2018, Housing Valuation System
Change in housing values, 2014 to 2018
Change in housing values, 2014 to 2018 Third Quartile, New South Wales: $231,048 Median, New South Wales: $179,847 First Quartile, New South Wales: $141,992 Third Quartile, New South Wales: $372,696 Median, New South Wales: $231,511 First Quartile, New South Wales: $136,283 Third Quartile, Camden Council area: $190,952 Median, Camden Council area: $181,406 First Quartile, Camden Council area: $152,664 Third Quartile, Camden Council area: $244,586 Median, Camden Council area: $233,630 First Quartile, Camden Council area: $231,753
Source: Hometrack 2014-2018, Housing Valuation System

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