Giving property investors a a poor capital gain of -22.54% for the last year, Campsie, 2194 is the 4010th highest performer in Australia in this respect.
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.
In the last year 38 properties changed hands in Campsie, which puts it as the 694th most active market in NSW when comparing the number of sales per suburb.
With the median price for a house in Campsie being $1032500 and the advertised rent reaching $600 the gross rental yield for property investors calculates out to be 3.02%
Over the last year, property investments in Campsie, 2194 have given investors a capital gain of -14.65%. This compares very badly with the -3.67% for NSW as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Campsie comes in at number 462th in NSW.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Campsie, 2194. Typically our figures indicate that -7.64% is being offered, which puts this NSW suburb at 284th most discounted overall in Australia.
Renters in Suburb are facing rents around $22880 per annum or $440 every week.
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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