Campsie is in the bottom 10% in NSW when comparing median price capital growth over the last year. Campsie gave property investors a dismal capital gain figure when compared to the rest of the state, with -21.85%.
If we look at median property appreciation over just the last three months, Campsie has given property investors a paper return of -13.52%. This puts Suburb as 1294 on a list of fastest fasting appreciating suburbs in NSW
Using the current median advertised rental of $600 and the average annual increase in value of a median property of 8.06%, investors should hope to achieve an overall return of 2.96%
Campsie has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -13.46% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Campsie comes in at number 440th in NSW.
Property buyers and investors in Campsie 2194 should be seeing an average reduction in asking price of around -8.21% . This means that Campsie is holding prices well when compared to other suburbs in NSW.
Advertised rents are around the $450 mark per week – giving a return of 4.26% based on the median price in Suburb
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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