Campsie is in the bottom 30% in NSW when comparing median price capital growth over the last year. Campsie gave property investors a disappointing capital gain figure when compared to the rest of the state, with 1.36%.
Taking the average capital gain, or increase in median house value, Campsie,2194 has racked up an average of 1.36% over the period. This ranks it number 3325th in the whole country for real estate investors looking at median house price increases.
Using the current median advertised rental of $530 and the average annual increase in value of a median property of 6.02%, investors should hope to achieve an overall return of 2.47%
Giving property investors a a stable capital gain of 9.19% for the last year, Campsie, 2194 is the 299th highest performer in Australia in this respect.
Comparing Campsie,2194 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Our latest figures would indicate that property sellers in Campsie are currently offering property investors an average price cut of -3.67% below the asking price at the moment.
Residents and property investors in Campsie have been waiting around 61.6379 days to sell a property.
Using the current median advertised rental of $420 and the average annual increase in value of a median property of 5.91%, investors should hope to achieve an overall return of 3.64%
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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