Property investors who have had real estate in St Peters, 2044 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -6.55%
When looking at the potential capital gains offered to property investors over the last 3 years, St Peters comes in at number 814th in NSW.
On average over the past year, suburb has had 4.50 sales per month, which equates to 54 per year.
Situated 5.90km from the CBD, St Peters is one of Inner West (A) localities in the postcode 2044.
St Peters is in the bottom 40% in NSW when comparing median price capital growth over the last year. St Peters gave property investors a disappointing capital gain figure when compared to the rest of the state, with -3.61%.
When looking at the potential capital gains offered to property investors over the last 3 years, St Peters comes in at number 419th in NSW.
On average over the past year, suburb has had 1.58 sales per month, which equates to 19 per year.
Situated 5.43km from the CBD, St Peters is one of Inner West (A) localities in the postcode 2044.
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August 2017
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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
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.
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