Camira’s real estate market is currently experiencing a period of robust growth, which makes it an attractive prospect for potential sellers. The median house price has surged by 11.5% in the past year, reaching $749,500. This substantial increase, coupled with a steady stream of interested buyers (1036 in the last 12 months), suggests a healthy demand for properties in the area. The relatively short median time on the market of 20 days further reinforces this notion, indicating that well-priced homes are being snapped up fairly quickly.
However, the decision to sell in Camira requires a nuanced understanding of the market dynamics. The majority of households (81%) are owner-occupied, indicating a stable community with a lower turnover rate compared to areas with a higher proportion of renters. This could mean that while demand is present, the pool of potential buyers might be slightly smaller in other suburbs. Additionally, the even split between single and family households suggest a balanced market that could appeal to a wide range of.buyers but may not cater specifically to a particular niche.
Given these factors, selling in Camira presents a compelling opportunity for homeowners who are prepared to price their property competitively. The market’s upward trajectory and the consistent interest from buyers create a favourable environment for achieving a good sale price. However, sellers should be mindful of the predominantly owner-occupied nature of the market and tailor their approach accordingly. By understanding the nuances of the Camira market and leveraging strengths, homeowners can position themselves for a successful and profitable sale.
Past 12
Month Growth
26 Wilson Drive,
Camira 4300
18 Barbara Street,
Camira 4300
29 Meier Road,
Camira 4300
6 Eugenia Court,
Camira 4300
Camira’s real estate market is experiencing strong growth, with a median house price of $748,500, up 11.5% in the last year. Homes are selling relatively quickly, typically within 20 days, and there’s a healthy level of buyer interest. However, the market is primarily dominated by owner-occupiers, which could mean a slightly smaller pool of potential buyers compared to other suburbs. Despite this, the balanced mix of single and family households suggests the suburb appeals to a wide range of buyers. This makes Camira a promising market for sellers who price their properties competitively and target their marketing effectively.
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