ST HELENS ranks 140th in TAS when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 4.66% for the past year is higher than average compared to its 2.47% growth within a five-year period.
This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.
Also in ST HELENS, the median home price is sitting at $269,500, and the average rent at $250, this suggests property owners could potentially earn a 4.82% increase in gross rental yield.
Property investors have seen a -0.19% drop in ST HELENS based on a decrease 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 1.31% growth over a ten-year period. It ranks 3508th on our list of suburbs that property investors should look into.
ST HELENS, 7216 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 $195,000.
Real estate investors could earn a rental income of $220 based on current median home prices for the suburb.
Home owners selling their properties and realtors in ST HELENS usually have to wait an average of 0.0 days days before their assets are lifted off the market.
ST HELENS ranks 14th on the list of best yielding suburbs for rental properties in TAS, posting a 5.87% return.