NSW has seen average median house prices change by 6.38% which means that St Ives, 2075 has done well for property investors by showing a capital gain of 10.36% over the last year
Taking the average capital gain, or increase in median house value, St Ives,2075 has racked up an average of 10.36% over the period. This ranks it number 163th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -6.64% to buyers in St Ives at the moment, which is less than average for the rest of NSW.
Often selling an investment property can take time, and in St Ives the average time real estate has been on the market is 60.05 days.
Advertised rents are around the $1062.5 mark per week – giving a return of 2.96% based on the median price in Suburb
Property investors who have had real estate in St Ives, 2075 should be relatively 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 9.67%
Comparing St Ives,2075 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.45% offered to property buyers. Sellers in St Ives itself are offering an average vendor discount of -4.10% to real estate investors.
Residents and property investors in St Ives have been waiting around 59.01 days to sell a property.
A $660 per week rent on the median house gives suburb investors a gross yield of circa 4.09%, without taking into account capital value appreciation, which has been averaging out at 1.92%.