St Peters has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 6.74% to date .
A 68.95% growth in median value for property investors in St Peters,2044 puts this suburb at number 477th in terms of best performing suburbs in NSW
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.53% offered to property buyers. Sellers in St Peters itself are offering an average vendor discount of -2.13% to real estate investors.
A $750 per week rent on the median house gives suburb investors a gross yield of circa 3.32%, without taking into account capital value appreciation, which has been averaging out at 9.26%.
Property investors who have had real estate in St Peters, 2044 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 16.24%
The five-year average increase in median property values for St Peters,2044 has given property investors a potential capital gain of 60.62% across each of those five years.
Our latest figures would indicate that property sellers in St Peters are currently offering property investors an average price cut of -6.86% below the asking price at the moment.
At number 582 in a list of fastest selling suburbs, St Peters is in the TOP 40% of suburbs in Australia with an average of days on market 68.36 for properties listed there.
Using the current median advertised rental of $590 and the average annual increase in value of a median property of 8.23%, investors should hope to achieve an overall return of 3.86%