St Peters is an average performer in NSW when comparing median price capital growth over the last year. St Peters gave property investors a good capital gain figure when compared to the rest of the state, with 9.96%.
While St Peters,2044 ranked number 530th in NSW for increase in median house value (annualised) increase, it is ranked 189th over the last 5 years.
Often selling an investment property can take time, and in St Peters the average time real estate has been on the market is 32.4 days.
Renters in Suburb are facing rents around $36400 per annum or $700 every week.
St Peters, 2044 ranked 393th in NSW when comparing growth in median property values or capital gain over the last 12 months. St Peters is one of 3163 in our list for NSW
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in St Peters has increased when compared to the 5 year average annual rate.
With the median price for a house in St Peters being $831000 and the advertised rent reaching $612.5 the gross rental yield for property investors calculates out to be 3.83%
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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.