While you'll find many well-established homes near the middle of Cambridge, a number of developments around the fringes of the town have seen the building of new houses to meet the demands of a steadily growing population which now exceeds 18,400.
The average sale price of a house in Cambridge was about $355,000 as at August 2012 (source: Quotable Value), about $10,000 less than the median price for nearby Hamilton.
By comparison the national median price was $412,000, demonstrating the value-for-money to be found in Cambridge.
The town has about 10 real estate agencies, including most of the major national realty brands, and some cater for rental properties.
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