St James is approximately 9km from the Perth CBD, with around 1490 homes in the area. Although the number of homes in the area is over near 1500, the average annual turnover of property is only 68 making St James a Niche Marketplace.
With the close proximity to Perth City, as well as the highly sought after Victoria Park Cafe & Restaurant Strip, St James offers the proximity without the same price tags associated with Vic Park. St James is central between Bentley and Victoria Park, making choices in regard to shopping and amenities plentiful. St James currently has approximately only 44% of its 1490 homes as rental or investment properties, again it is a highly sought after location.
With the average selling price in St James sitting at $531,000 (Dec 11′), with all the available amenities and facilities surrounding the suburb, it is no wonder why it is such a highly sought after place to live.
Approximate growth for St James over the past 10 years to 2012 has been 11.15% per annum.
For a current market update on St James, please call our office on (08) 9351 8411 or email email@example.com