Investment property in St Peters has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.06%
The five-year average increase in median property values for St Peters,2044 has given property investors a potential capital gain of 76.20% across each of those five years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in St Peters, 2044. Typically our figures indicate that -9.35% is being offered, which puts this NSW suburb at 426th most discounted overall in Australia.
Using the current median advertised rental of $750 and the average annual increase in value of a median property of 9.85%, investors should hope to achieve an overall return of 3.23%
St Peters is in the bottom 40% in NSW when comparing median price capital growth over the last year. St Peters gave property investors a disappointing capital gain figure when compared to the rest of the state, with 2.53%.
Comparing St Peters,2044 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
On average over the past year, suburb has had 3.58 sales per month, which equates to 43 per year.
St Peters, 2044’s gross rental yield is 4.13%