If you compare the increase in value of investment property in Campsie, 2194 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -2.08%.
Across a shorter period, Campsie, 2194 has seen a median price increase of -0.69% over the last quarter.
At number 75th of NSW’s most discounted properties, Campsie is in the bottom 10% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Campsie have been waiting around 89 days to sell a property.
Over the last year, property investments in Campsie, 2194 have given investors a capital gain of -5.69%. This compares very badly with the 5.59% for NSW as a whole.
Campsie,2194 was ranked 594 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -5.33% to buyers in Campsie at the moment, which is less than average for the rest of NSW.
A $430 per week rent on the median house gives suburb investors a gross yield of circa 3.86%, without taking into account capital value appreciation, which has been averaging out at 8.77%.
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