With a capital gain of 4.35% for the last 12 months, St Marys, 2760 has performed for property investments than its average annual 8.74% property growth over the last 5 years.
The five-year average increase in median property values for St Marys,2760 has given property investors a potential capital gain of 81.68% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that St Marys is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 295th in terms of most discounted suburbs in NSW
A $390 per week rent on the median house gives suburb investors a gross yield of circa 3.38%, without taking into account capital value appreciation, which has been averaging out at 8.74%.
Over the last year, property investments in St Marys, 2760 have given investors a capital gain of 4.44%. This compares averagely with the 6.07% for NSW as a whole.
St Marys,2760 was ranked 740 in Australia by increase in median property value over the quarter.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.33% offered to property buyers. Sellers in St Marys itself are offering an average vendor discount of -3.73% to real estate investors.
The NSW suburb of St Marys, 2760 is in the Penrith local government area.