Investment property in Campbelltown 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 12.62%
When looking at the potential capital gains offered to property investors over the last 3 years, Campbelltown comes in at number 82th in NSW.
At number 556th of NSW’s most discounted properties, Campbelltown is in the middle of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 17.83 sales per month, which equates to 214 per year.
Campbelltown, 2560’s gross rental yield is 3.68%
If you compare the increase in value of investment property in Campbelltown, 2560 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 6.41%.
Campbelltown,2560 was ranked 1340 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Campbelltown is offering property investors an average of -4.45. This rate of discount on properties puts Suburb at number 214th in terms of most discounted suburbs in NSW
At number 222 in a list of fastest selling suburbs, Campbelltown is in the TOP 20% of suburbs in Australia with an average of days on market 46.45 for properties listed there.
Don’t be fooled by the fact that Campbelltown is more than 50km southwest of the Sydney CBDFull summary
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Don’t be fooled by the fact that Campbelltown is more than 50km southwest of the Sydney CBD.Close
There are plenty of great amenities in the suburb, such as two railway stations, a campus of the University of Western Sydney and the Campbelltown Hospital.
It also contains the Macarthur Square Shopping Centre which has recently been given the tick of approval for a $240m redevelopment.
It is expected to create more than 2,000 jobs during construction and another 1,000 retail jobs.
Meanwhile, the M5 South Western Motorway provides Campbelltown with a transport route to Liverpool and Sydney Airport.
There are two-bedroom units on Dumaresq St which are going for less than the median price, at south of $320,000.
They are only a short distance from some of the best of Campbelltown’s amenities including the shops and train station.
If you’re willing to spend more money there are modern two-bedroom apartments on Chamberlain St which can be bought for upwards of $450,000.