Perth’s property market has traditionally been one that has seen both booms and busts. However, there are a number of suburbs that have performed strongly, with even more tipped to grow in value in 2020 and beyond.
Camden has a clear non-volatile price trend that is commonly a good indicator of high level of confidence in the trajectory of future price movement. This area has a strong historical demand indicator for housing stock. This means that demand is likely to remain at a historical average and maintain the uptrend which in this case is a precursor of price growth. We project that this area’s median house price is expected to grow 6% in the next 2 years. This is in comparison to an average of 5 % state-wide prediction in NSW.