At number 1143th in the list of Australian suburbs ordered by increase in median house value over the last year, St Ives, 2075 is in the top 30% with a property value increase of 12.49% recorded in median house prices.
A 90.48% growth in median value for property investors in St Ives,2075 puts this suburb at number 927th in terms of best performing suburbs in NSW
LACK OF BUYER INTEREST may well be the reason that St Ives is offering property investors an average of -5.23. This rate of discount on properties puts Suburb at number 80th in terms of most discounted suburbs in NSW
A $1100 per week rent on the median house gives suburb investors a gross yield of circa 2.86%, without taking into account capital value appreciation, which has been averaging out at 8.20%.
Giving property investors a a stable capital gain of 10.25% for the last year, St Ives, 2075 is the 462th highest performer in Australia in this respect.
Over the longer term, St Ives has seen property prices show investors a 32.37% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -4.10% to buyers in St Ives at the moment, which is less than average for the rest of NSW.
Residents and property investors in St Ives have been waiting around 79.33 days to sell a property.
With the median price for a house in St Ives being $920000 and the advertised rent reaching $670 the gross rental yield for property investors calculates out to be 3.79%