At number 2853th in the list of Australian suburbs ordered by increase in median house value over the last year, St George, 4487 is in the BOTTOM 40% with a property value increase of 0.83% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in St George has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that St George is offering property investors an average of -7.21. This rate of discount on properties puts Suburb at number 151th in terms of most discounted suburbs in QLD
Often selling an investment property can take time, and in St George the average time real estate has been on the market is 107.5 days.
Renters in Suburb are facing rents around $3000 per annum or $250 every week.