Investment property in Campsie has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.02%
Comparing Campsie,2194 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Vendor discounting in Campsie is giving property investors an average Vendor Discount of around -9.40%. This puts suburb at number 75th in NSW when ranking the most discounted suburbs.
Residents and property investors in Campsie have been waiting around 99.3 days to sell a property.
Renters in Suburb are facing rents around $6840 per annum or $570 every week.
Property investors who have had real estate in Campsie, 2194 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 0.41%
If we look at median property appreciation over just the last three months, Campsie has given property investors a paper return of 1.67%. This puts Suburb as 280 on a list of fastest fasting appreciating suburbs in NSW
Campsie, 2194 is offering NSW ‘s 87th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this NSW.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 3.84%, without taking into account capital value appreciation, which has been averaging out at 9.34%.
Convenient and affordable are just two words to describe Sydney’s south-western suburb of Campsie.Full summary
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Convenient and affordable are just two words to describe Sydney’s south-western suburb of Campsie.Close
For these reasons, the area is becoming more popular with young professionals and established couples.
Located just 13km from the CBD, Campsie is moving at a healthy rate.
Excellent public transport infrastructure is in place, with the Campsie train station at the suburb’s heart, multiple bus routes throughout, and the M5 East Freeway a few minutes south.
A drive to the airport will take as little as 20 minutes.
The main shopping areas sit on Amy Street and Beamish Street, with a range of supermarkets, cafés, specialty stores and a library.
One of Sydney’s major medical centres, Canterbury Hospital, is situated in the south of the suburb.
With the median unit price surging by 29% to $516,000 over the past three years, Campsie is definitely one to watch