Markets In A ‘sound’ State Despite Shift: PIPA
The winds of change are sweeping through the country’s real estate market, but for Property Investment Professionals o...
Based on its average 5-year and quarterly capital gains ST PETERS, 2044 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that ST PETERS, 2044 obtained a 9.32% growth over a ten-year period. It ranks 227th on our list of suburbs that property investors should look into.
ST PETERS, 2044 in NSW belongs to the local government area of Inner West (A).
ST PETERS, 2044 has a capital gain of 18.52% for the past year, which is higher than average compared to its 32.56% growth within a five-year period.
With the median home price in ST PETERS sitting at $1,600,000, and the average rent at $750, property owners could potentially earn a 2.44% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in ST PETERS are low, as opposed to average gains per annum over the past five years.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||18.52%||7.34%|
|Median 3 years||32.23%||11.5%|
|Median 5 years||32.56%||15.02%|
|10 years average annual||9.32%||6.51%|
|Weekly media advert. rent||$750||$577.5|
|Time on Market||30.6 days||47.6 days|
|Gross Rental Yield Percent||2.44%||3.37%|