Property investors who have had real estate in Ambarvale, 2560 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 12.74%
A 17.87% growth in median value for property investors in Ambarvale,2560 puts this suburb at number 438th in terms of best performing suburbs in NSW
The most recent median price for Ambarvale is $620000, with sellers offering an average of -3.88% off the asking price.
Often selling an investment property can take time, and in Ambarvale the average time real estate has been on the market is 23.7593 days.
Situated 45.40km from the CBD, Ambarvale is one of Campbelltown (C) (NSW) localities in the postcode 2560.
Over the last year, property investments in Ambarvale, 2560 have given investors a capital gain of -1.23%. This compares badly with the 5.77% for NSW as a whole.
Over the longer term, Ambarvale has seen property prices show investors a -10.99% return over the last 3 years. This is an improvement over the last 12 months
Advertised rents are around the $350 mark per week – giving a return of 5.05% based on the median price in Suburb
Information supplied by:
Vacancies drop further
Median unit price: $372,250
Vacancy rate: 1.4%
Three-year growth: 14.0%
Located in the Macarthur district of the Campbelltown LGA, the suburb of Ambarvale is mainly residential with a combination of public and private housing.
Once the home of the Tharawal people, the area still carries traces of the culture through engravings in the rock and cave paintings, among others. Since it was officially established in 1976, the suburb has developed into a well-stocked suburb that’s close to the Macarthur Square shopping centre – one of the largest in southwestern Sydney. Within Ambarvale itself is an ALDI shopping centre and the Ambarvale Tavern, which houses a bistro. The Macarthur railway station is only a short distance away.
Vacancies were already limited in Ambarvale in February 2018, but things have tightened further, with the average vacancy rate going from 1.8% to 1.4%. The rental yield for landlords is a reasonable 4.6%.