St Marys has had a A very good year for property investment returns compared to the rest of TAS, giving investors a capital gain of 14.29% to date .
If we look at median property appreciation over just the last three months, St Marys has given property investors a paper return of 5.96%. This puts Suburb as 31 on a list of fastest fasting appreciating suburbs in TAS
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in St Marys, 7215. Typically our figures indicate that -9.63% is being offered, which puts this TAS suburb at 410th most discounted overall in Australia.
In the last year 19 properties changed hands in St Marys, which puts it as the 128th most active market in TAS when comparing the number of sales per suburb.
With the median price for a house in St Marys being $160000 and the advertised rent reaching $200 the gross rental yield for property investors calculates out to be 6.50%