With a capital gain of -3.07% for the last 12 months, St Peters, 2044 has performed for property investments than its average annual 9.45% property growth over the last 5 years.
A 69.57% growth in median value for property investors in St Peters,2044 puts this suburb at number 1202th in terms of best performing suburbs in NSW
Giving property investors a an unimpressive capital gain of -0.71% for the last year, St Peters, 2044 is the 1225th highest performer in Australia in this respect.
Across a shorter period, St Peters, 2044 has seen a median price increase of -3.14% over the last quarter.
Situated 5.10km from the CBD, St Peters is one of Marrickville localities in the postcode 2044.
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.