If you compare the increase in value of investment property in Campsie, 2194 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -8.33%.
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.
On average over the past year, suburb has had 3.83 sales per month, which equates to 46 per year.
A $550 per week rent on the median house gives suburb investors a gross yield of circa 2.60%, without taking into account capital value appreciation, which has been averaging out at 6.41%.
Property investors who have had real estate in Campsie, 2194 should be relatively 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 -2.25%
The five-year average increase in median property values for Campsie,2194 has given property investors a potential capital gain of -7.26% across each of those five years.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -3.89% offered to property buyers. Sellers in Campsie itself are offering an average vendor discount of -3.35% 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 65.3692 days.
With the median price for a house in Campsie being $575000 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 3.80%
![YIP MAG]()
Information supplied by:
YIP MAG
April 2015
M
O
W
E
Convenient and affordable are just two words to describe Sydney’s south-western suburb of Campsie.
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