With a capital gain of -12.32% for the last 12 months, Campsie, 2194 has performed for property investments than its average annual 9.43% property growth over the last 5 years.
A 41.19% growth in median value for property investors in Campsie,2194 puts this suburb at number 808th in terms of best performing suburbs in NSW
On average over the past year, suburb has had 3.50 sales per month, which equates to 42 per year.
Advertised rents are around the $600 mark per week – giving a return of 2.58% based on the median price in Suburb
Campsie has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -6.29% to date .
Taking the average capital gain, or increase in median house value, Campsie,2194 has racked up an average of -6.29% over the period. This ranks it number 1014th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Campsie are currently offering property investors an average price cut of -8.14% below the asking price at the moment.
Situated 11.27km from the CBD, Campsie is one of Canterbury-Bankstown (A) localities in the postcode 2194.
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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