St James has had a pretty average year for property investment returns compared to the rest of WA, giving investors a capital gain of -1.69% to date .
Taking the average capital gain, or increase in median house value, St James,6102 has racked up an average of -1.69% over the period. This ranks it number 3792th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that St James is offering property investors an average of -9.03. This rate of discount on properties puts Suburb at number 160th in terms of most discounted suburbs in WA
Renters in Suburb are facing rents around $18200 per annum or $350 every week.
Property investors who have had real estate in St James, 6102 should be unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -23.08%
Comparing St James,6102 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Property investors looking for a bargain in St James should be aiming for at least -15.15% off the asking price, which is the average vendor discount being achieved at the moment.
St James is 14th on a list of best yielding suburbs for rents in WA with a 6.75% return