Campbellfield sits in Melbourne’s north — a suburb that runs residential, friendly, growing. Here’s what the numbers and the locals actually say about the property and rental situation.
Rental Prices — Campbellfield 2026
| Property Type | Weekly Rent | Monthly | Annual |
|---|---|---|---|
| 1-bedroom unit | $384/wk | $1664/mo | $19,968/yr |
| 2-bedroom unit | $536/wk | $2322/mo | $27,872/yr |
| 3-bedroom house | $684/wk | $2964/mo | $35,568/yr |
Rents in Campbellfield have increased modestly compared to 2025. The vacancy rate sits at 3.3%, which is relatively comfortable — take your time choosing.
Property Prices
| Property Type | Median Price | 12-Month Change |
|---|---|---|
| House | $1,074,251 | +4.2% |
| Unit/Apartment | $474,363 | -1.2% |
Gross rental yield: 5.4% (units tend to yield higher than houses in Campbellfield).
Who Lives Here
Campbellfield attracts mostly families with some younger renters. The suburb is known for Campbellfield local shops, community feel, suburban lifestyle.
Average resident profile:
- Age: Predominantly 25-35
- Household: Couples and young families
- Income: Above metro average
Renting Tips for Campbellfield
Apply fast. Good properties in Campbellfield get 20-40 applications. Have your documents ready: 100 points of ID, recent payslips, rental history, references.
Inspect in person. Photos lie. Check water pressure, phone reception, natural light at the time of day you’d actually be home. Open the cupboards. Flush the toilet.
Look beyond Homer Drive. The main strip commands 10-15% higher rents. One or two blocks back, you get the same proximity for less money.
Know your rights. Victorian tenancy law caps rent increases to once per 12 months. Your landlord must give 60 days notice. Urgent repairs must be addressed within 24 hours (blocked toilet, no hot water, gas leak).
Budget beyond rent. Factor in: utilities ($150-250/month), internet ($70-90/month), contents insurance ($15-25/month), and transport (Public transport options in Campbellfield).
Investment Outlook
Campbellfield is an emerging area with infrastructure investment driving gradual growth. The 5.4% gross yield is above the metro average.
Key factors:
- Transport: Public transport options in Campbellfield
- Schools: Limited local options — neighbouring suburbs have better schools
- Infrastructure: Established — no major changes expected
Suburb Character & Lifestyle
Campbellfield runs residential, friendly, growing. The main commercial strip along Homer Drive is where most of the daily life happens — cafes, restaurants, and essential services within walking distance for those who live close. The neighbourhood is known for Campbellfield local shops, community feel, suburban lifestyle, which drives both rental demand and property values.
The housing stock is a mix of Victorian-era terraces, Edwardian cottages, and modern apartment developments. For renters, the most common options are 1-2 bedroom apartments in newer builds along the main road. For buyers, the entry point is typically a 2-bedroom unit or apartment at the lower end of the market.
Transport reality: Public transport options in Campbellfield. The commute to the CBD is realistic for daily workers, and most residents report using a combination of public transport, cycling, and driving depending on the trip.
Cost of Living Snapshot
| Expense | Typical Cost |
|---|---|
| Coffee | $4.50-5.00 |
| Brunch | $17-25 |
| Dinner out | $22-38 pp |
| Pint of beer | $11-13 |
| Cocktail | $17-23 |
| Groceries | $111/wk (couple) |
| Utilities | $192/mo (1br) |
| Internet | $70-90/mo (NBN) |
The Bigger Picture
Campbellfield is on an upward trajectory with improving infrastructure and growing demand from first-home buyers. The suburb is residential, friendly, growing, which attracts a diverse mix of residents from young renters to established families.
5-year outlook: Depends heavily on interest rate trajectory. The fundamentals — location, transport, lifestyle amenity — are well-established.
What to watch: New cycling infrastructure — check council planning portal for details.
Nearby
- Preston Property
- Campbellfield Cost of Living
- Campbellfield Things to Do
- Compare Suburbs
- All Campbellfield Guides
Last updated: March 2026. Data sources: Domain, REA Group, SQM Research.
Keep Exploring
More in this area:
- Rent Guide in Campbellfield
- Honest Guide in Campbellfield
- Transport Guide in Campbellfield
- Cost Of Living in Campbellfield
Useful tools:

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