PRD Ingleburn Suite 1 4/64 Oxford Rd Ingleburn, NSW, 2565 02 9605 3433
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PRD Ingleburn  →  Research Hub  →  Ingleburn Property Factsheet 1st Half of 2019

Ingleburn Property Factsheet 1st Half of 2019

In Q4 2018, Ingleburn recorded a median house price of $658,000 and a median unit price of $445,000. This represented an annual (Q4 2017 – Q4 2018) median price change of -11.1% for houses and -10.6% for units. By comparison, the 2nd Half 2018 Ingleburn Property Factsheet recorded price growth of 0.7% for houses and 8.7% for units. This suggests the Ingleburn market has recently cooled, which is in line with the price changes experienced within the wider Sydney Metro market. Softening prices suggest that now is an ideal opportunity for those looking to enter the market.

In Q4 2018, Ingleburn recorded a median house price of $658,000 and a median unit price of $445,000. This represented an annual (Q4 2017 – Q4 2018) median price change of -11.1% for houses and -10.6% for units. By comparison, the 2nd Half 2018 Ingleburn Property Factsheet recorded price growth of 0.7% for houses and 8.7% for units. This suggests the Ingleburn market has recently cooled, which is in line with the price changes experienced within the wider Sydney Metro market. Softening prices suggest that now is an ideal opportunity for those looking to enter the market.

The wider City of Campbelltown Local Government Area (LGA) has followed a similar trend, with median prices of $605,000 (house) and $434,500 (unit) as of Q4 2018. This represents annual (Q4 2017 – Q4 2018) price change of -6.9% and -11.3% respectively. Ingleburn’s median prices being above the City of Campbelltown LGA position it as a premium market. A softening in prices in Ingleburn thus presents buyers with an opportunity to acquire premium property at more affordable prices.

Ingleburn’s median rental price was $450 per week for houses and $380 per week for units in Q4 2018. This is an annual (Q4 2017 – Q4 2018) softening of -6.3% (house) and -3.2% (units). That said, average rental yields in Ingleburn, of 3.6% (house) and 4.2% (unit) remain above Sydney Metro’s 2.9% (house) and 3.8% (unit). Ingleburn is a stronger potential investment area for those purchasing within Sydney Metro.

The City of Campbelltown LGA is set to invest approximately $733.3M worth of developments in the 1st half of 2019. This is primarily composed of infrastructure, at $473.2M (64.5%), as well as residential projects worth $165.5M (22.4%) and $95.6M (13.0%) in commercial projects.

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