Camellia NSW 2142: Property Market Report & Real Estate Insights

Part of Parramatta, NSW

Camellia Real Estate Market Outlook

Thinking about buying in Camellia? Now could not be a better time, with just 75 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $20,951,000 with prices in this suburb ranging from $63,000 to $32,313,000. The approximate distance to the coast is 15 Km.

Living in Camellia

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Camellia is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The high percentage of professional people in Camellia 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. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. 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

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