Investment property in Campbelltown has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.03%
While Campbelltown,2560 ranked number 615th in NSW for increase in median house value (annualised) increase, it is ranked 127th over the last 5 years.
Sellers are offering property buyers an average discount of -4.56% to buyers in Campbelltown at the moment, which is less than average for the rest of NSW.
In the last year 167 properties changed hands in Campbelltown, which puts it as the 104th most active market in NSW when comparing the number of sales per suburb.
Over the last year, property investments in Campbelltown, 2560 have given investors a capital gain of 0.44%. This compares badly with the 6.96% for NSW as a whole.
Campbelltown,2560 has offered an average of 0.44% 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 -4.23. This rate of discount on properties puts Suburb at number 196th in terms of most discounted suburbs in NSW
In the last year 226 properties changed hands in Campbelltown, which puts it as the 52th most active market in NSW when comparing the number of sales per suburb.
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.