NSW has seen average median house prices change by 10.96% which means that Campbelltown, 2560 has done well for property investors by showing a capital gain of 12.04% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Campbelltown has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Campbelltown are currently offering property investors an average price cut of -5.04% below the asking price at the moment.
With the median price for a house in Campbelltown being $647000 and the advertised rent reaching $410 the gross rental yield for property investors calculates out to be 3.30%
Campbelltown has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 2.80% to date .
Taking the average capital gain, or increase in median house value, Campbelltown,2560 has racked up an average of 2.80% over the period. This ranks it number 642th in the whole country for real estate investors looking at median house price increases.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Campbelltown, 2560. Typically our figures indicate that -4.49% is being offered, which puts this NSW suburb at 847th most discounted overall in Australia.
In the last year 199 properties changed hands in Campbelltown, which puts it as the 63th most active market in NSW when comparing the number of sales per suburb.
The NSW suburb of Campbelltown, 2560 is in the Campbelltown local government area.
Don’t be fooled by the fact that Campbelltown is more than 50km southwest of the Sydney CBDFull summary
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Don’t be fooled by the fact that Campbelltown is more than 50km southwest of the Sydney CBD.Close
There are plenty of great amenities in the suburb, such as two railway stations, a campus of the University of Western Sydney and the Campbelltown Hospital.
It also contains the Macarthur Square Shopping Centre which has recently been given the tick of approval for a $240m redevelopment.
It is expected to create more than 2,000 jobs during construction and another 1,000 retail jobs.
Meanwhile, the M5 South Western Motorway provides Campbelltown with a transport route to Liverpool and Sydney Airport.
There are two-bedroom units on Dumaresq St which are going for less than the median price, at south of $320,000.
They are only a short distance from some of the best of Campbelltown’s amenities including the shops and train station.
If you’re willing to spend more money there are modern two-bedroom apartments on Chamberlain St which can be bought for upwards of $450,000.