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St Helena

POSTAL CODE: VIC, 3088
HOUSE

Property investors have seen a 1.08% gain in ST HELENA based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains ST HELENA, 3088 saw average growth in the long term.

The VIC suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,125,000

Profits averaged 2% per annum over a 3-year period, due to an upward trend in home prices in ST HELENA, 3088.

This means, real estate investors could earn a rental income of $765 based on current median home prices for the suburb.

The gross rental yield in ST HELENA, 3088 is 3.54%.

An average of 2.25 real estate transactions take place per month in ST HELENA which translates to 27 per annum.

Surburb overview

St Helena, located approximately 21 kilometres north-east of Melbourne's Central Business District, is a suburb within the City of Banyule. According to the 2021 census, it has a population of 2,890 residents.

Public transportation in St Helena includes bus services that connect residents to nearby train stations, such as Greensborough Station on the Hurstbridge line, facilitating access to Melbourne's CBD.

Essential establishments in St Helena encompass educational institutions like St Helena Secondary College, Glen Katherine Primary School, and Holy Trinity Primary School. The suburb features the St Helena Marketplace, which includes a Woolworths supermarket and various smaller retailers, providing residents with convenient shopping and dining options.

Several parks and reserves, such as Anthony Beale Reserve, support Recreational activities. They offer green spaces for outdoor pursuits. The suburb's safe streets and community facilities enhance its family-friendly atmosphere.

The housing market in St Helena is characterised by separate houses, with a median property price of approximately $1,197,500. The area is primarily zoned as a Neighbourhood Residential Zone (70.58%) and General Residential Zone (13.21%), reflecting its established suburban nature.

St Helena offers a peaceful residential environment with convenient access to essential services and recreational facilities, contributing to its appeal as a desirable suburb in Melbourne's north-east.

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