Get a property report and suburb profile for any property in St Peters

St Peters is an inner-west suburb on the Cooks River where former factories have been repurposed into converted warehouses, low-rise apartments and pockets of older terraces, so housing ranges from character terraces to newer apartments. That mix has made it popular with young professionals, creatives and families. The river foreshore and shared walking and cycling paths are a local focus, and a compact strip of cafes, bakeries and pubs covers everyday needs. St Peters has its own railway station and regular buses, making Newtown, Marrickville and the city easily accessible.

About 3,629 people live in St Peters and the median age is 35, with a typical household income of $2,924 a week. Owner-occupiers form a slim majority while a large rental share remains, and couple households—many without children—are common. Recent local work has included park and playspace upgrades, school improvements and changes to transport services and the station. Whether St Peters suits you will come down to whether you value inner-west riverside living, close public transport and a mix of housing types.

Rents in St Peters are about $1,070 a week for houses and $850 a week for units. Against a typical local household income of $2,924 a week as recorded at the last Census, a house rent would take roughly 36.6% of that income and a unit about 29.1%. On these figures, renting a house would take a sizeable share of a typical local household's income at the last Census, while renting a unit would take a moderate share, so if you are renting rather than buying those rent shares are the most relevant measures.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

The past 12 months in St Peters show a split between houses and units. House values rose 7.7% and house rents increased 8.1%, so the rent a house earns edged slightly ahead of price growth. By contrast, unit values fell 1.9% while unit rents climbed 6.2%, so units saw rental income rise even as their median value dipped.

If capital growth is your priority, the house side delivered both price and rent increases over the year. If rental income matters more, both houses and units recorded higher rents, with unit rents rising solidly. Whether that balance suits your goals and circumstances is for you to weigh.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.