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Cammeray, NSW 2062

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental MarketWalkable

Median House

$3,790,000

market range $3.5M-$4.0M

Median Unit

$1,300,000

market range $1.2M-$1.7M

Gross Yield (houses)

2.3%

1yr Growth (houses)

+3.4%

market range -17.5% to +10.0%

Investment snapshot for Cammeray

Cammeray has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Cammeray market and investor summary

In Cammeray, NSW 2062, the median house sells for around $3.8M, on a gross rental yield of 2.3% for houses. House prices have moved +3.4% over the past year and +2.1% over three years. At 1.8% vacancy, it is a tight rental market that favours landlords.

For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.3% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.8% and a resident base that is not shrinking. If you are weighing units rather than houses, a pipeline of new approvals is worth watching as future supply that can hold back apartment price and rent growth.

Living in Cammeray: people, income and schools

Cammeray has a resident population of roughly 7,088, a number that has held fairly steady over five years. At a median age of 40, it reads as skewed a little older, and families account for 64% of households.

The typical household income runs to around $149,000 a year (about $2,870 a week). On socio-economic measures it ranks among the most advantaged in the country (10 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 25.4 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 16% over five years, which tends to underpin what local buyers can pay.

Families have 68 schools within roughly 5km to choose from, and they test well above the national school average on ICSEA, a draw for education-focused families. Cammeray sits about 5.2 km from the CBD. Most day-to-day errands are doable on foot; the suburb scores 85 for walkability and 24 for transit out of 100. Fixed broadband is delivered over the NBN's Hybrid Fibre Coaxial (HFC).

Population
7,088
+2% over 5yr
Median age
40 years
Median household income
$149,000/yr
Households renting
41%
Family households
64%
Socio-economic rank
10/10
ABS advantage index
Schools within 5km
68
avg ICSEA 1172
Unemployment
3.7%
Distance to CBD
5.2 km
Walk score
85/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Cammeray

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Frequently asked questions about Cammeray

What should I check before investing in Cammeray?

Cammeray has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.8% vacancy) gives landlords pricing power and low rental downtime. Walkability score of 85 broadens the tenant pool beyond car-dependent renters. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Cammeray?

The median property price in Cammeray, NSW 2062 is $3.8M for houses and $1.3M for units.

What rental yield does Cammeray show?

The gross rental yield in Cammeray is 2.3% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Cammeray?

House prices in Cammeray are up 3.4% over the past year and up 2.1% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Cammeray?

The current vacancy rate in Cammeray is 1.8%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Cammeray?

Cammeray has a population of approximately 7,088 residents, with a median age of 40.

What schools are near Cammeray?

There are 68 schools within roughly 5km of Cammeray. Their average ICSEA sits well above the national mean of 1000, which points to a more advantaged school catchment. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Cammeray affordable to buy in?

A median house in Cammeray costs about 25.4 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Cammeray's population growing?

The population of Cammeray has grown modestly, about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Cammeray from the CBD?

Cammeray is about 5.2 km from the CBD.

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