9/98 Dumaresq Street, Campbelltown NSW 2560

Ground floor | tenant in place | 2-bed unit | solid capital growth in building The property’s main buyer-relevant strength is its ground-floor configuration in a complex where similar units have delivered 16% capital growth in just over a year. The existing long-term tenant removes vacancy risk and provides an immediate income stream, which is less common for a property at this price point and makes it particularly suited to first-time investors or owner-occupiers wanting to offset holding costs. The main issue requiring closer review is the building’s age and the absence of recent comparable sales for this specific unit, meaning the valuation floor is less certain. Offsetting this, the $400 weekly rent from nearby units supports a gross yield of roughly 4.5 to 5 percent, which is competitive for Campbelltown. The 23-day average days on market for units in the suburb indicates reasonable liquidity. For a buyer considering this property, the detailed report should test the valuation, comparable sales and constraints before the visible positives are relied on.