Over the last year, property investments in Campsie, 2194 have given investors a capital gain of -5.32%. This compares badly with the 2.31% for NSW as a whole.
Taking the average capital gain, or increase in median house value, Campsie,2194 has racked up an average of -5.32% over the period. This ranks it number 2927th in the whole country for real estate investors looking at median house price increases.
Residents and property investors in Campsie have been waiting around 126 days to sell a property.
Situated 10.81km from the CBD, Campsie is one of Canterbury-Bankstown (A) localities in the postcode 2194.
At number 1257th in the list of Australian suburbs ordered by increase in median house value over the last year, Campsie, 2194 is in the BOTTOM 30% with a property value increase of -4.69% recorded in median house prices.
A 17.31% growth in median value for property investors in Campsie,2194 puts this suburb at number 425th in terms of best performing suburbs in NSW
Campsie2194 is located in NSW which offers an average discount of -5.90% to property investors. Campsie itself is showing figures that indicate -7.44% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Campsie the average time real estate has been on the market is 77.04 days.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 3.84%, without taking into account capital value appreciation, which has been averaging out at 8.38%.
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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.Full summary
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
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