Camberwell (postcode 3124) is a well-populated suburb in Victoria within the Boroondara local government area. It is home to about 21,965 residents, with a settled mid-life population and a median age of 43. Households earn a median income of $128K per year, with an average household size of 2.6 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.7% year-on-year at the LGA level. VIC employment has moved +0.8% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. VIC also had 41 Commonwealth-backed major projects under construction, 18 underway, and 24 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward healthcare and professional services. The top ancestries reported are English, Australian, Chinese.
Camberwell has a median house price of $2.6 million, which has risen by 2.4% year-on-year. Units have a median price of $785,000 (-14.2% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 1.3%. The median monthly mortgage repayment is $3,000.
Camberwell is served by 5 schools, including 3 primary, 2 secondary. The average ICSEA score is 1149, which is well above the national average of 1,000. Public transport access includes 13 rail stations, 117 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Boroondara LGA is moderate at 5,670 incidents per 100,000 population.
Looking at the investment signals, Camberwell shows a gross rental yield of approximately 1.3%, rated as low yield. Property prices are above the state median ($2.6M/$850K), placing it in the premium segment. The price-to-income ratio of 20.4x is considered stretched. House prices have moved +2.4% year-on-year. Population growth of +0.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.