St James

POSTAL CODE: WA, 6102

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A steady increase in median property prices over a five-year period in the suburb translates to a 42.67% capital gain.

The suburb also 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 $825,000.

Profits due to an upward trend in home prices there averaged 14.22% per annum over a 3-year period.

Home owners selling their properties and realtors in ST JAMES usually have to wait an average of 33.6 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $720 mark, reflecting a 4.54% increase in returns based on the current median price in ST JAMES.

ST JAMES, 6102 places 464th in Australia based on median property value growth during the quarter.

Property investors in ST JAMES enjoyed capital gains of 17.07% over the last 12 months translating to lower returns compared with its peers in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in ST JAMES are low, as opposed to average gains per annum over the past five years.

ST JAMES posted a 49.07% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

Real estate investors could earn a rental income of $630 based on current median home prices for the suburb.

Average weekly rents on listings have reached the $630 mark, reflecting a 5.46% increase in returns based on the current median price in ST JAMES.

ST JAMES, 6102 ranks 79th in WA in terms of median property value increase and capital gains, based on year-to-date figures.

ST JAMES ranks 73rd on the list of best yielding suburbs for rental properties in WA, posting a 5.46% return.

Surburb overview

St James is an inner southeastern suburb of Perth, Western Australia, approximately 7 kilometres from the central business district. It is situated in Victoria Park and the City of Canning. The suburb is primarily residential, with a small commercial strip along Albany Highway.

According to the 2021 Census, St James has a population of 4,905 residents, with a median age of 32. The community is diverse, comprising families, professionals, and students.

St James is well-served by public transportation, with several bus routes providing access to Perth's CBD and surrounding areas. Key bus services include routes 34, 177, 178, 179, 201, 220, and 930, serving various streets within the suburb.

The suburb offers various amenities, including parks and recreational facilities. The commercial strip along Albany Highway provides residents with shopping and dining options. St James's proximity to Curtin University makes it a convenient location for students.

As of December 2024, the median house price in St James is approximately $845,000, with a median weekly rent of $695. The suburb has experienced growth in property values, reflecting its desirability among buyers and investors.

St James offers a balanced lifestyle with access to urban conveniences and community facilities. Its proximity to educational institutions and commercial centres makes it an attractive location for a diverse range of residents.

St James provides a dynamic living environment with essential amenities, educational opportunities, and convenient access to Perth's CBD, appealing to families, professionals, and students alike.

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