In St Marys, there are currently 97 houses available for purchase. The median house price stands at $800,000, with an annual capital growth rate of -7.35%. Over the past year, there have been 85 house sales, and on average, houses remain on the market for 20 days.
For those considering investing in property in St Marys, it’s worth noting that houses offer rental yields of 3.43%, with a median weekly rent of $450. However, houses have experienced a decline of -3.21% in the last quarter and a -7.35% decrease in value over the past 12 months.
St Marys spans approximately 10.6 square kilometers, boasting 35 parks that cover nearly 19.4% of its total area. The population of St Marys in 2011 was 10,960 people, and by 2016, it had increased to 12,198, reflecting a population growth of 11.3% during that period. The predominant age group in St Marys falls within the 20-29 years range.
Households in St Marys are primarily comprised of couples with children, typically making monthly mortgage repayments ranging from $1,800 to $2,399. In terms of occupation, a significant portion of St Marys’ residents work in machinery operators and drivers roles. In 2011, 51.8% of the homes in St Marys were owner-occupied, a figure that decreased slightly to 44.4% in 2016.
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This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.
