NSW has seen average median house prices change by 11.06% which means that Campsie, 2194 has done well for property investors by showing a capital gain of 11.07% over the last year
Taking the average capital gain, or increase in median house value, Campsie,2194 has racked up an average of 11.07% over the period. This ranks it number 601th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -4.52% to buyers in Campsie at the moment, which is less than average for the rest of NSW.
Advertised rents are around the $592.5 mark per week – giving a return of 2.23% based on the median price in Suburb
If you compare the increase in value of investment property in Campsie, 2194 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 6.84%.
While Campsie,2194 ranked number 264th in NSW for increase in median house value (annualised) increase, it is ranked 277th over the last 5 years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Campsie, 2194. Typically our figures indicate that -5.13% is being offered, which puts this NSW suburb at 676th most discounted overall in Australia.
With the median price for a house in Campsie being $625000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 3.74%
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