Investment property in St Helens has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -2.16%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in St Helens has increased when compared to the 5 year average annual rate.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.15% offered to property buyers. Sellers in St Helens itself are offering an average vendor discount of -7.15% to real estate investors.
With the median price for a house in St Helens being $249500 and the advertised rent reaching $240 the gross rental yield for property investors calculates out to be 5.00%