Cammeray NSW 2062: Property Market Report & Real Estate Insights

Part of North Sydney, NSW

Cammeray Real Estate Market Outlook

Thinking about buying in Cammeray? Now could not be a better time, with 4665 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,547,000 with prices in this suburb ranging from $124,000 to $102,261,000. Cammeray is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Living in Cammeray

Consistent high demand relative to supply is a key feature in Cammeray driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Cammeray ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Cammeray classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Cammeray requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

Cammeray, located on the lower North Shore of Sydney within the North Sydney Council jurisdiction, is a sought-after residential area known for its charming suburban feel and close proximity to Sydney’s Central Business District. The housing market in Cammeray is robust, characterized by a blend of modern apartments, charming heritage homes, and sleek townhouses. As of recent years, property values in Cammeray have shown steady appreciation, reflecting the suburb’s desirability among families, professionals, and investors alike. The leafy streets and well-maintained parks contribute to its appeal, offering a peaceful retreat from the bustling city while still being just a short commute away. Buyers can expect to find a range of properties, from luxurious waterfront homes along Tunks Park to more affordable apartments, making it a diverse market that caters to various tastes and budgets.

Living in Cammeray offers a unique blend of urban convenience and relaxed suburban living. The area boasts a strong sense of community, with numerous local events and activities that bring residents together. Daily life in Cammeray is complemented by a variety of amenities, including boutique shops, cafes, and restaurants, especially around Miller Street and Cammeray Square. The suburb is well-served by public transport, making it easy for residents to access the wider Sydney area. Outdoor enthusiasts will appreciate the abundance of green spaces, such as Green Park and Cammeray Golf Club, which provide opportunities for recreation and leisure. Additionally, the local schools are well-regarded, making Cammeray a popular choice for families. With its dynamic mix of lifestyle offerings, Cammeray continues to be a desirable location for those seeking a balanced living environment in North Sydney.

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