Over the last year, property investments in Campsie, 2194 have given investors a capital gain of -5.56%. This compares very badly with the 5.53% for NSW as a whole.
The five-year average increase in median property values for Campsie,2194 has given property investors a potential capital gain of 72.39% across each of those five years.
The most recent median price for Campsie is $1303250, with sellers offering an average of -12.08% off the asking price.
At number 3609 in a list of fastest selling suburbs, Campsie is in the bottom 10% of suburbs in Australia with an average of days on market 143.6 for properties listed there.
Using the current median advertised rental of $600 and the average annual increase in value of a median property of 9.71%, investors should hope to achieve an overall return of 2.39%
Giving property investors a an average capital gain of 1.98% for the last year, Campsie, 2194 is the 893th highest performer in Australia in this respect.
While Campsie,2194 ranked number 131th in NSW for increase in median house value (annualised) increase, it is ranked 424th over the last 5 years.
Sellers are offering property buyers an average discount of -4.48% to buyers in Campsie at the moment, which is less than average for the rest of NSW.
At number 892 in a list of fastest selling suburbs, Campsie is in the bottom 40% of suburbs in Australia with an average of days on market 78.96 for properties listed there.
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