Campsie NSW Property Investment

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## 2. Market Overview - Median house price: $1,981,814 - Median unit price: $725,632 - 1‑year price growth: 1.5 % - 3‑year growth forecast: 13.5 % (annualised) - Days on market: N/A

The market is still expensive, but price growth has been modest (1.5 % over the past year). The 13.5 % three‑year forecast suggests the suburb could benefit from a rebound, signalling sellers can expect modest upside while buyers should be cautious about price‑to‑rent ratios.

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## 3. Rental Market - Median weekly rent: $820 / wk - Gross rental yield: 2.1 % - Vacancy rate: N/A - Demand rating: N/A

A 2.1 % yield indicates limited cash‑flow upside. Without vacancy data we cannot quantify risk, but the low yield alone suggests investors should not rely on rental income to drive returns.

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## 4. Short‑Term Rental Opportunity - STR nightly rate: N/A - STR occupancy: N/A - Estimated annual STR revenue: N/A

Because no short‑term rental metrics are supplied, we cannot calculate an STR revenue estimate. With the current low long‑term yield, an STR model could only be justified if a strong nightly rate and high occupancy materialise – data that is presently unavailable. Long‑term rental (LTR) remains the only quantifiable option.

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## 5. Infrastructure & Growth Drivers - Known projects: N/A - Transport links: N/A - Employment base: N/A

The absence of specific infrastructure or employment data means we cannot pinpoint concrete demand drivers. The positive 13.5 % three‑year growth forecast implies underlying factors (e.g., proximity to transport corridors or local amenities) are likely supporting demand, but investors should verify these on the ground.

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## 6. Bull Case If the 13.5 % three‑year growth forecast materialises:

\*Assumes compound growth of 13.5 % over three years. The upside comes from capital appreciation rather than rental yield.

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## 7. Risks | Risk | Quantified Concern | |------|--------------------| | Low rental yield | 2.1 % gross yield may not cover financing costs if interest rates rise. | | Vacancy risk | Vacancy data not supplied; any rise above a modest level could erode cash flow. | | Supply pipeline | No data on new dwellings; a surge in supply could further depress yields. | | Rate sensitivity | With a 2.1 % yield, a 1 % increase in borrowing cost cuts net return by ~50 % of the yield. | | Employment concentration | No employer data; reliance on a single large employer would increase risk if that employer contracts. |

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## 8. The Play - Entry price range: - Units: $650k – $800k (below the $725,632 median to allow a discount). - Houses: $1.8 M – $2.1 M (around the $1,981,814 median).

• Minimum yield target: ≥ 3 % gross yield to provide a buffer against interest‑rate hikes.

• Watch signals:

• Recommended strategy: Maintain a Hold position on existing assets. For new purchases, only consider properties priced sufficiently below median to achieve at least a 3 % yield, or wait for clearer short‑term rental data that could justify a higher return.