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Camberwell vs Stonehaven

Property investment comparison - Camberwell, VIC 3124 vs Stonehaven, VIC 3218

Head-to-head across core investment metrics: Camberwell wins 2, Stonehaven wins 0. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricCamberwellStonehaven
Median house price$2.5M$2.7M
Median unit price--
Gross rental yield (houses)2.26%-
Gross rental yield (units)--
1-year house growth-3.8%-
3-year house growth-0.3%-
Vacancy rate2.6%2.9%
Population21,96579

Camberwell vs Stonehaven: what the numbers say

The median house price is $2.5M in Camberwell and $2.7M in Stonehaven, so Camberwell is the cheaper entry point, with Stonehaven houses about 6% dearer.

Rental vacancy is 2.6% in Camberwell and 2.9% in Stonehaven, so landlords in Camberwell face less competition for tenants.

Camberwell is the bigger suburb, with a population of 21,965 against 79, roughly 278 times the size of Stonehaven; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Camberwell for a lower purchase price, Camberwell for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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Camberwell vs Stonehaven: Suburb Comparison 2026