Based on its average 5-year and quarterly capital gains SAINT MARYS, 5042 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 SAINT MARYS, 5042 obtained a 3.33% growth over a ten-year period. It ranks 2245th on our list of suburbs that property investors should look into.
SAINT MARYS, 5042 in SA belongs to the local government area of Mitcham.
SAINT MARYS, 5042 has a capital gain of 2.49% for the past year, which is lower than average compared to its 29.86% growth within a five-year period.
With the median home price in SAINT MARYS sitting at $474,000, and the average rent at $350, property owners could potentially earn a 3.84% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in SAINT MARYS are low, as opposed to average gains per annum over the past five years.
A steady increase in median property prices over a five-year period in SAINT MARYS, 5042 translates to a 8.37% capital gain.
SAINT MARYS, 5042 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $303,500.
Profits due to an upward trend in home prices in SAINT MARYS, 5042 averaged 2.79% per annum over a 3-year period.
Home owners selling their properties and realtors in SAINT MARYS usually have to wait an average of 86.8 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $245 mark, reflecting a 4.2% increase in returns based on the current median price in SAINT MARYS.
SAINT MARYS, 5042 places 40th in Australia based on median property value growth during the quarter.