Property value increases in St Marys have tracked just higher than the NSW average of 10.58% over the last 12 months.
The five-year average increase in median property values for St Marys,2760 has given property investors a potential capital gain of 99.10% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that St Marys is offering property investors an average of -5.32. This rate of discount on properties puts Suburb at number 497th in terms of most discounted suburbs in NSW
Residents and property investors in St Marys have been waiting around 44.44 days to sell a property.
With the median price for a house in St Marys being $667000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 3.12%
Giving property investors a a stable capital gain of 8.51% for the last year, St Marys, 2760 is the 605th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, St Marys,2760 has racked up an average of 8.51% over the period. This ranks it number 313th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in St Marys should be aiming for at least -3.87% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 216 properties changed hands in St Marys, which puts it as the 50th most active market in NSW when comparing the number of sales per suburb.