Campsie (postcode 2194) is a well-populated suburb in New South Wales within the Canterbury-Bankstown local government area. With a population of 26,132, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $78K per year, with an average household size of 2.6 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, labourers, community & personal service. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are Chinese, English, Australian.
Campsie has a median house price of $1.8 million, which has moved higher by 3% year-on-year. Units have a median price of $737,000 (+10.8% YoY). The current median weekly rent is $578. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $2,000.
Campsie is served by 4 schools, including 3 primary, 1 special. The average ICSEA score is 1029, which is around the national average of 1,000. Public transport access includes 1 rail station, 41 bus stops. Healthcare facilities include 2 public hospitals. The crime rate in the Canterbury-Bankstown LGA is below average at 2,382 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 1.6% (low yield). Property prices are near the state median ($1.8M/$1.5M). The price-to-income ratio of 23.4x is considered stretched. House prices have moved +3.0% year-on-year. Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.