St Peters has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 8.11% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, St Peters comes in at number 555th in NSW.
At number 1228 in a list of fastest selling suburbs, St Peters is in the TOP 40% of suburbs in Australia with an average of days on market 68.8 for properties listed there.
Property investors should expect to get $800 weekly from the median priced house in this suburb.
Property value increases in St Peters have tracked higher than the NSW average of -3.67% over the last 12 months.
St Peters,2044 was ranked 69 in Australia by increase in median property value over the quarter.
With the median price for a house in St Peters being $863000 and the advertised rent reaching $650 the gross rental yield for property investors calculates out to be 3.92%
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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.