Campsie has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 11.74% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Campsie comes in at number 276th in NSW.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.28% offered to property buyers. Sellers in Campsie itself are offering an average vendor discount of -4.96% to real estate investors.
Often selling an investment property can take time, and in Campsie the average time real estate has been on the market is 106.28 days.
With the median price for a house in Campsie being $1380000 and the advertised rent reaching $580 the gross rental yield for property investors calculates out to be 2.19%
NSW has seen average median house prices change by 7.74% which means that Campsie, 2194 has done well for property investors by showing a capital gain of 2.50% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Campsie has increased when compared to the 5 year average annual rate.
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 -5.56% is being offered, which puts this NSW suburb at 579th most discounted overall in Australia.
Advertised rents are around the $450 mark per week – giving a return of 3.80% based on the median price in Suburb
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