Over the last year, property investments in St Peters, 2044 have given investors a capital gain of -7.88%. This compares very badly with the 4.04% for NSW as a whole.
Comparing St Peters,2044 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Vendor discounting in St Peters is giving property investors an average Vendor Discount of around -3.53%. This puts suburb at number 1110th in NSW when ranking the most discounted suburbs.
The NSW suburb of St Peters, 2044 is in the Marrickville local government area.
NSW has seen average median house prices change by 1.69% which means that St Peters, 2044 has done well for property investors by showing a capital gain of -6.13% over the last year
If we look at median property appreciation over just the last three months, St Peters has given property investors a paper return of -0.65%. This puts Suburb as 295 on a list of fastest fasting appreciating suburbs in NSW
In the last year 21 properties changed hands in St Peters, which puts it as the 440th most active market in NSW when comparing the number of sales per suburb.
Property investors should expect to get $595 weekly from the median priced house in this 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.