Over the last year, property investments in St Peters, 2044 have given investors a capital gain of -8.88%. This compares very badly with the 5.53% for NSW as a whole.
If we look at median property appreciation over just the last three months, St Peters has given property investors a paper return of 0.85%. This puts Suburb as 486 on a list of fastest fasting appreciating suburbs in NSW
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.88% offered to property buyers. Sellers in St Peters itself are offering an average vendor discount of -5.29% to real estate investors.
St Peters is 679th on a list of best yielding suburbs for rents in NSW with a 3.31% return
St Peters, 2044 ranked 526th in NSW when comparing growth in median property values or capital gain over the last 12 months. St Peters is one of 3163 in our list for NSW
A 46.06% growth in median value for property investors in St Peters,2044 puts this suburb at number 339th in terms of best performing suburbs in NSW
Advertised rents are around the $625 mark per week – giving a return of 4.33% based on the median price in 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.