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, $316,163 lower than the median house valuation for Greater Sydney.

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 areaGreater SydneyCamden Council area relative to Greater SydneyCamden Council areaGreater SydneyCamden Council area relative to Greater Sydney2013 to 2017
House--------------
First Quartile$662,255$747,532-11.4%$413,637$434,107-4.7%+$248,618
Median$754,431$1,070,594-29.5%$478,342$623,561-23.3%+$276,089
Third Quartile$890,318$1,633,900-45.5%$571,494$885,643-35.5%+$318,824
Unit--------------
First Quartile$445,505$593,223-24.9%$311,934$379,822-17.9%+$133,571
Median$497,573$763,475-34.8%$330,971$492,743-32.8%+$166,602
Third Quartile$542,162$982,344-44.8%$391,365$615,102-36.4%+$150,797

Source: Hometrack 2011-2016, Housing Valuation System.

Housing values, 2017
Housing values, 2017 Third Quartile, Greater Sydney: $982,344 Median, Greater Sydney: $763,475 First Quartile, Greater Sydney: $593,223 Third Quartile, Greater Sydney: $1,633,900 Median, Greater Sydney: $1,070,594 First Quartile, Greater Sydney: $747,532 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, Greater Sydney: $367,242 Median, Greater Sydney: $270,732 First Quartile, Greater Sydney: $213,401 Third Quartile, Greater Sydney: $748,257 Median, Greater Sydney: $447,033 First Quartile, Greater Sydney: $313,425 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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