Investment property in Campsie has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 10.06%
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.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.35% offered to property buyers. Sellers in Campsie itself are offering an average vendor discount of -5.73% 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 104.09 days.
Property investors should expect to get $580 weekly from the median priced house in this suburb.
Campsie, 2194 ranked 368th in NSW when comparing growth in median property values or capital gain over the last 12 months. Campsie is one of 3163 in our list for NSW
Over the longer term, Campsie has seen property prices show investors a 16.15% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Campsie are currently offering property investors an average price cut of -5.26% below the asking price at the moment.
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