Campsie has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -3.05% to date .
Campsie,2194 was ranked 2016 in Australia by increase in median property value over the quarter.
Vendor discounting in Campsie is giving property investors an average Vendor Discount of around -13.20%. This puts suburb at number 22th in NSW when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Campsie the average time real estate has been on the market is 135.3 days.
Using the current median advertised rental of $595 and the average annual increase in value of a median property of 10.17%, investors should hope to achieve an overall return of 2.32%
Property investors who have had real estate in Campsie, 2194 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -7.64%
The five-year average increase in median property values for Campsie,2194 has given property investors a potential capital gain of 16.87% across each of those five years.
The most recent median price for Campsie is $595000, with sellers offering an average of -5.56% off the asking price.
Property investors should expect to get $450 weekly from the median priced house in this suburb.
Convenient and affordable are just two words to describe Sydney’s south-western suburb of Campsie.Full summary
Information supplied by:
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