NSW has seen average median house prices change by 10.58% which means that Campsie, 2194 has done well for property investors by showing a capital gain of 14.05% over the last year
While Campsie,2194 ranked number 891th in NSW for increase in median house value (annualised) increase, it is ranked 296th over the last 5 years.
Property investors looking for a bargain in Campsie should be aiming for at least -4.92% off the asking price, which is the average vendor discount being achieved at the moment.
A $600 per week rent on the median house gives suburb investors a gross yield of circa 2.26%, without taking into account capital value appreciation, which has been averaging out at 10.62%.
Campsie is an average performer 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 5.00%.
Campsie,2194 has offered an average of 5.00% return per annum in house price rises to property investors over the last three years.
Campsie2194 is located in NSW which offers an average discount of -4.33% to property investors. Campsie itself is showing figures that indicate -4.75% is the average achievable by property buyers investing in the suburb.
Situated 8.07km from the CBD, Campsie is one of Canterbury localities in the postcode 2194.
Convenient and affordable are just two words to describe Sydney’s south-western suburb of Campsie.Full summary
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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