At number 2316th in the list of Australian suburbs ordered by increase in median house value over the last year, Campbelltown, 2560 is in the BOTTOM 50% with a property value increase of 3.90% recorded in median house prices.
Campbelltown,2560 has offered an average of 3.90% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Campbelltown is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 612th in terms of most discounted suburbs in NSW
Residents and property investors in Campbelltown have been waiting around 53.46 days to sell a property.
Property investors should expect to get $410 weekly from the median priced house in this suburb.
If you compare the increase in value of investment property in Campbelltown, 2560 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 1.12%.
While Campbelltown,2560 ranked number 375th in NSW for increase in median house value (annualised) increase, it is ranked 288th 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 Campbelltown, 2560. Typically our figures indicate that -4.55% is being offered, which puts this NSW suburb at 928th most discounted overall in Australia.
On average over the past year, suburb has had 19.92 sales per month, which equates to 239 per year.
Renters in Suburb are facing rents around $4920 per annum or $410 every week.
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.