Campbelltown City CouncilEconomic profile
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Campbelltown City

Housing valuation

At June 2017, Campbelltown City had a median house valuation of $625,923, $85,083 lower 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
Campbelltown City20172013Change
Housing value (at June)Campbelltown CityNew South WalesCampbelltown City relative to New South WalesCampbelltown CityNew South WalesCampbelltown City relative to New South Wales2013 to 2017
House--------------
First Quartile$576,062$459,213+25.4%$318,450$331,720-4.0%+$257,612
Median$625,923$711,006-12.0%$344,682$457,239-24.6%+$281,241
Third Quartile$712,081$1,184,666-39.9%$388,211$701,375-44.7%+$323,870
Unit--------------
First Quartile$427,931$461,371-7.2%$241,889$305,938-20.9%+$186,042
Median$466,695$671,543-30.5%$263,980$430,178-38.6%+$202,715
Third Quartile$510,782$903,371-43.5%$286,612$570,847-49.8%+$224,170

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, Campbelltown City: $510,782 Median, Campbelltown City: $466,695 First Quartile, Campbelltown City: $427,931 Third Quartile, Campbelltown City: $712,081 Median, Campbelltown City: $625,923 First Quartile, Campbelltown City: $576,062
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, Campbelltown City: $224,170 Median, Campbelltown City: $202,715 First Quartile, Campbelltown City: $186,042 Third Quartile, Campbelltown City: $323,870 Median, Campbelltown City: $281,241 First Quartile, Campbelltown City: $257,612
Source: Hometrack 2011-2016, Housing Valuation System

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