Campbelltown suburb profile
Campbelltown is a vibrant suburb located in the southwestern part of Sydney, approximately 50km from the CBD. Known for its rich history and growing urban landscape, Campbelltown offers a mix of residential, commercial, and recreational facilities. The suburb is home to a diverse community and features a variety of amenities, including shopping centers, schools, and healthcare services. Campbelltown's natural attractions, such as the Australian Botanic Garden and nearby Dharawal National Park, provide residents with ample opportunities for outdoor activities. With its strong transport links and ongoing development, Campbelltown continues to be an appealing destination for families and professionals.
Campbelltown property market performance
Campbelltown's property market has shown varied performance over the past 12 months. House values have increased by 6.4%, bringing the median house price to $911,000, while unit values have remained stable with a median price of $530,000. This indicates a stronger demand for houses compared to units in the area.
Sales activity has been robust, with 47 houses and 66 units sold in the past three months. Houses are selling faster, with a median of 18 days on the market, compared to 27 days for units, suggesting a quicker turnover in the housing sector.
The rental market in Campbelltown has seen significant changes, particularly for units, with a 13% increase in rent over the last 12 months. House rents have also risen by 5.8%, reflecting a strong demand for rental properties in the suburb.
Median price - houses$975KPast 3 months
Median price - units$543KPast 3 months
Change in value - houses7.2%12 months
Change in value - unitsN/A12 months
Houses sold45Past 3 months
Units sold68Past 3 months
Median DOM - houses21Past 12 months
Median DOM - units25Past 12 months
Average rent - houses$560Past 12 months
Average rent - units$520Past 12 months
Change in rent - houses5.7%Past 12 months
Change in rent - units10.6%Past 12 months
Campbelltown demographics
Campbelltown, located in the southwestern region of Sydney, is a bustling suburb known for its family-friendly environment and growing community. With a population of 16,577 and a median age of 34, it attracts a mix of young families, professionals, and long-term residents. The suburb offers a blend of urban convenience and suburban tranquility, making it an appealing choice for those seeking a balanced lifestyle.
The housing landscape in Campbelltown is diverse, with a significant portion of properties being rented, accounting for 52.5% of the housing market. This high rental rate indicates a demand for flexible living arrangements, appealing to both young families and professionals. Meanwhile, 18% of properties are owned outright, and 29.4% are owned with a mortgage, reflecting a stable community with a mix of established homeowners and new buyers entering the market.
Family dynamics in Campbelltown are varied, with couple families with children making up 40.8% of the population, while couple families without children account for 35.7%. One-parent families also form a significant part of the community at 21.2%. This diverse family structure contributes to a vibrant and supportive community atmosphere. With its strategic location, affordable living, and community-focused amenities, Campbelltown continues to be a desirable suburb for many Australians.
Campbelltown infrastructure, key developments and investment opportunities
Campbelltown is experiencing significant development that is reshaping its urban landscape and property market. The $632 million redevelopment of Campbelltown Hospital, set to be completed in 2023, will enhance healthcare services and potentially increase demand for nearby properties. The ongoing Campbelltown City Centre Renewal project aims to revitalize the CBD, introducing new commercial spaces, residential apartments, and public amenities that could boost property values in the area.
Additionally, the proposed North-South Rail Link connecting Campbelltown to the new Western Sydney Airport at Badgerys Creek could significantly improve connectivity and potentially drive up property prices. The expansion of Western Sydney University's Campbelltown campus and the continued development of the Macarthur Heights precinct are also likely to attract more residents and investors to the area, further stimulating the local property market.
Campbelltown rental market trends
The rental market in Campbelltown has experienced moderate growth, with house rents increasing 5.8% over the past year to $550 per week, while unit rents have seen a more significant rise of 13.0% to $520 per week. This growth reflects the suburb's appeal, driven by its affordability and ongoing development, making it an attractive option for both renters and investors.
Suburbs near Campbelltown
Some popular suburbs near Campbelltown include: