Giving property investors a an unimpressive capital gain of -2.36% for the last year, St Peters, 2044 is the 3323th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, St Peters has given property investors a paper return of 0.43%. This puts Suburb as 627 on a list of fastest fasting appreciating suburbs in NSW
St Peters, 2044’s gross rental yield is 3.31%
NSW has seen average median house prices change by 3.78% which means that St Peters, 2044 has done well for property investors by showing a capital gain of -5.59% over the last year
The five-year average increase in median property values for St Peters,2044 has given property investors a potential capital gain of 48.00% across each of those five years.
Advertised rents are around the $615 mark per week – giving a return of 4.21% based on the median price in Suburb
St Peters is one of the suburbs benefiting from the new initiative by the state government to increase supply, addressing Sydney’s affordability problem.Full summary
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In the inner west of Sydney, St Peters is one of the suburbs benefiting from the new initiative by the state government to increase supply, addressing Sydney’s affordability problem.
Unit stock, in particular, has shot up over the past 12 months leading up to May 2017, while house supply fell. This suggests that apartment living could become highly supplied in this suburb.
The Princes Highway, originating in St Peters, and its shopping hub are situated along this road. The suburb is served by the local train station, which is along the Bankstown line, and a couple of bus routes. The recreational parkland of Sydney Park is located in St Peters as well, serving as a relaxation spot for students from St Peters Public School.