The suburb’s capital gain of -6.12% for the past year is lower than average compared to its 2.22% growth within a five-year period.
Also in ST GEORGE, the median home price is sitting at $230,000, and the average rent at $250, this suggests property owners could potentially earn a 5.65% increase in gross rental yield.
Property investors have seen a 4.55% gain in ST GEORGE based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 3.31% growth over a ten-year period. It ranks 2456th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-6.12%||N/A|
|Median 3 years||-7.26%||N/A|
|Median 5 years||2.22%||N/A|
|10 years average annual||3.31%||N/A|
|Weekly media advert. rent||$250||N/A|
|Time on Market||113.9 days||N/A|
|Gross Rental Yield Percent||5.65%||N/A|