Giving property investors a an average capital gain of 6.67% for the last year, St Peters, 2044 is the 2004th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, St Peters,2044 has racked up an average of 6.67% over the period. This ranks it number 1107th in the whole country for real estate investors looking at median house price increases.
On average over the past year, suburb has had 4.17 sales per month, which equates to 50 per year.
Over the last year, property investments in St Peters, 2044 have given investors a capital gain of -4.86%. This compares very badly with the 5.36% for NSW as a whole.
If we look at median property appreciation over just the last three months, St Peters has given property investors a paper return of 2.90%. This puts Suburb as 116 on a list of fastest fasting appreciating suburbs in NSW
Advertised rents are around the $600 mark per week – giving a return of 3.74% based on the median price in Suburb
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Information supplied by:
August 2017
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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.