Question 1

Is Campbellfield a nice place to live?

Accepted Answer

Campbellfield is a northern Melbourne suburb where large warehouse and manufacturing precincts sit alongside modest post-war brick and weatherboard homes and newer townhouses, creating a practical, working-class character. Local life centres on neighbourhood shops, community facilities and stretches of parkland, while major roads and regular bus services link the area with Melbourne Airport and the broader northern suburbs.

Home to 4,977 people with a median age of 38, Campbellfield is a suburb of families and owner-occupiers — about 72.6% of dwellings are owned outright or with a mortgage. It attracts people who work in logistics, trades and manufacturing and families seeking straightforward housing with access to jobs. Planning documents and council budgets point to possible rail upgrades including a new station, local traffic-management measures, a leachate management upgrade and open-space work around Merri Creek and nearby reserves.

Question 2

Is it expensive to live in Campbellfield?

Accepted Answer

On these figures a median house in Campbellfield at $672,500 works out to about 11.7 times a typical local annual household income at the last Census, which sits well above what people locally earned then. Renting also takes a large share of that Census household income: a house rent of $520 a week is about 46.8% of a typical local household's weekly income at the last Census, while a unit rent of $395 a week is about 35.6%. If you're renting rather than buying, those rent shares are the figures that matter for your situation; buying is notably more stretched against local incomes on these numbers.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Campbellfield a good place to invest?

Accepted Answer

Across the past year the picture in Campbellfield is mixed. House values rose 8.9%, a solid increase in what houses are worth, while the rent those houses earn fell 5.5%, a notable decline — so for houses capital growth and rental income moved in opposite directions. Unit rents rose 3.9%, a modest gain in rental income.

For someone weighing Campbellfield as an investment, the figures show house buyers saw price gains but weaker rental income over the year, while unit rental income edged up. Which of those outcomes matters to you depends on whether you prioritise capital growth or rental income and on your own circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$673K	N/A
Change in value Past 12 months	8.9%	N/A
Sold Past 3 months	10	1
Median days on market Past 12 months	31	N/A
Average rent Past 12 months	$520	$395
Change in rent Past 12 months	-5.5%	3.9%

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