St Peters is in the TOP 20% in NSW when comparing median price capital growth over the last year. St Peters gave property investors a very good capital gain figure when compared to the rest of the state, with 11.57%.
The five-year average increase in median property values for St Peters,2044 has given property investors a potential capital gain of 40.33% across each of those five years.
Situated 5.86km from the CBD, St Peters is one of Inner West (A) localities in the postcode 2044.
If you compare the increase in value of investment property in St Peters, 2044 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 12.09%.
When looking at the potential capital gains offered to property investors over the last 3 years, St Peters comes in at number 254th in NSW.
St Peters is 248th on a list of best yielding suburbs for rents in NSW with a 3.94% return
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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.