Over the last year, property investments in Campsie, 2194 have given investors a capital gain of -10.73%. This compares badly with the -4.28% for NSW as a whole.
While Campsie,2194 ranked number 691th in NSW for increase in median house value (annualised) increase, it is ranked 475th over the last 5 years.
Investment property in Campsie has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -12.89%
Over the longer term, Campsie has seen property prices show investors a -5.51% return over the last 3 years. This is worse than over the last 12 months
At number 41th of NSW’s most discounted properties, Campsie is in the bottom 20% of the state/territory when listing in order of most discounted to least.
With the median price for a house in Campsie being $557500 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 4.20%
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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