Campbellfield VIC Property Investment

---

## 2. Market Overview - Median house price: $650,000 - Median unit price: $368,000 - 1‑year price growth: +14.3 % – a strong upward move, indicating a seller‑favourable market. - 5‑year CAGR: 4.6 % per annum – shows steady long‑term appreciation. - 3‑year growth forecast: +13.5 % – suggests confidence that the upward trend will continue.

*Days on market* was not supplied in the data set, so we cannot comment on how quickly properties are selling.

Signal for buyers: With 14.3 % price growth in the last 12 months, buyers need to act quickly and be prepared for competition. Signal for sellers: Sellers can expect strong demand and the ability to command prices at or above the current median.

---

## 3. Rental Market - Median weekly rent: $530 - Gross rental yield: 4.2 % - Vacancy rate: *Data not provided* - Demand rating: *Data not provided*

Implication for investors: A 4.2 % yield indicates solid cash‑flow potential. Even without a vacancy figure, the combination of a respectable yield and robust price growth points to a market where rental income can comfortably cover financing costs for many investors.

---

## 4. Short‑Term Rental (STR) Opportunity - STR nightly rate: *Data not provided* - STR occupancy: *Data not provided* - Estimated annual STR revenue: *Cannot be calculated without nightly rate and occupancy.*

Conclusion: With no STR data available, the long‑term rental (LTR) market remains the clearer path for investors in Campbellfield at this time.

---

## 5. Infrastructure & Growth Drivers - Known projects / transport / employment base: *Data not provided.*

Current driver: The 13.5 % 3‑year growth forecast implies that underlying demand (likely from population growth and regional employment) is expected to stay strong, even though specific projects are not listed.

---

## 6. Bull Case Assuming the 13.5 % 3‑year growth forecast materialises:

If yields hold and capital growth follows the forecast, investors could see total returns approaching 18 % over the next three years.

---

## 7. Risks | Risk | Detail (where data exists) | |------|----------------------------| | Vacancy risk | No vacancy rate supplied; a rise in vacancies would compress the 4.2 % yield. | | Interest‑rate sensitivity | Higher rates could dampen the 14.3 % recent price surge and pressure cash flow. | | Supply pipeline | No data on upcoming developments; a surge in new housing could increase supply and temper price growth. | | Single‑employer dependency | No employment‑base data; reliance on a dominant employer would heighten risk if that employer contracts. |

---

## 8. The Play - Entry price range: Target purchases at or below the current medians – ≤ $650,000 for houses and ≤ $368,000 for units. - Minimum yield to target: ≥ 4.0 % gross (the current 4.2 % comfortably meets this bar). - Watch signals: 1. Changes in the Reserve Bank of Australia cash‑rate (interest‑rate moves). 2. Announcements of new housing supply or major infrastructure projects in the area. 3. Updates to vacancy statistics for the suburb. - Recommended strategy: Acquire a property at or below the median price, hold for the medium term to capture both the 4.2 % rental yield and the projected 13.5 % capital growth over three years. Re‑assess annually against interest‑rate trends and any emerging supply data. If STR data becomes available and shows strong occupancy and nightly rates, a hybrid LTR/STR approach could be revisited, but LTR remains the default recommendation given current information.