Campsie is in the bottom 20% in NSW when comparing median price capital growth over the last year. Campsie gave property investors a dismal capital gain figure when compared to the rest of the state, with -8.68%.
Across a shorter period, Campsie, 2194 has seen a median price increase of 0.00% over the last quarter.
Renters in Suburb are facing rents around $31200 per annum or $600 every week.
Campsie is in the bottom 20% in NSW when comparing median price capital growth over the last year. Campsie gave property investors a dismal capital gain figure when compared to the rest of the state, with -7.82%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Campsie has fallen somewhat when compared to the 5 year average annual rate.
Vendor discounting in Campsie is giving property investors an average Vendor Discount of around -5.54%. This puts suburb at number 160th in NSW when ranking the most discounted suburbs.
Advertised rents are around the $430 mark per week – giving a return of 3.91% based on the median price in Suburb
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Information supplied by:
YIP MAG
April 2015
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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