Lets review Campbellfield in Victoria today to do a suburb profile review.
With a lot of investor activity in the area, Campbellfield is made up of a large number of people in the 20-49 age bracket, indicating an area with young and growing families. Located 16km from Melbourne's CBD, it has a diverse cultural mix, with solid access to facilities and infrastructure. Given its relative affordability being close to Melbourne CBD, Campbelfield is worth looking into further.
Look at key figures for Campbellfield we have summarised below.
Median Price / Capital Growth - $645,000, has seen 4.88% annual compound growth in the last 10 years
Rental Yield - 4.82%
Population - 4,979
Vacancy Rate - 1.05%
Vendor Discount Rate - -9.44%
Days on Market - 121 days
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