At number 3826th in the list of Australian suburbs ordered by increase in median house value over the last year, St Peters, 2044 is in the BOTTOM 30% with a property value increase of 1.59% recorded in median house prices.
While St Peters,2044 ranked number 333th in NSW for increase in median house value (annualised) increase, it is ranked 815th over the last 5 years.
Property investors looking for a bargain in St Peters should be aiming for at least -7.09% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in St Peters have been waiting around 62.1236 days to sell a property.
The NSW suburb of St Peters, 2044 is in the Inner West (A) local government area.
At number 830th in the list of Australian suburbs ordered by increase in median house value over the last year, St Peters, 2044 is in the top 40% with a property value increase of 16.79% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, St Peters comes in at number 202th in NSW.
Property investors looking for a bargain in St Peters should be aiming for at least -6.76% off the asking price, which is the average vendor discount being achieved at the moment.
Advertised rents are around the $360 mark per week – giving a return of 5.85% based on the median price in Suburb
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Information supplied by:
August 2017
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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.