Putting up with crowds and noise on match days has paid off for homeowners near McDiarmid Park as house prices have jumped by nine per cent in the last decade.
While the value of homes near other Premiership teams have plummeted, the average price around St Johnstone’s stadium is now £161,608 — around £13,000 more than in 2008.
The jump comes as house prices nationally have dropped by one per cent in the last 10 years.
Despite the increase, house prices around the Fair City’s football club are around £14,000 lower than the average Scottish property, which sells for £175, 866.
The boom may be in part due to widespread development in the area, including hundreds of new homes and a bypass.
Neighbouring Dundee fared badly, with house prices around Dens Park dropping two per cent in the last decade.
They are now worth £114,068, compared to £116,986 10 years ago.
Hibs fans are the winners in the house-price league table as homes near Easter Road are now worth £218,734, up 23 per cent compared to 2008.
Graham Blair, mortgages director at Bank of Scotland, said: “Living next to a Scottish Premiership ground will always hold appeal for loyal fans.
“However, some supporters will need to fork out more than others to live near their team’s home ground.
“Football will always be well loved in Scotland and given that house price rises near some of our Premiership stadiums have far outstripped house prices in the rest of the country, it seems that those who live near the stadiums at the moment could be in luck if they ever decided to move home.”
Fans on both sides of the Old Firm are losers in the property game, as houses near Ibrox dropped by eight per cent to just £88,572 while Parkhead dwellers saw a 14 per cent drop in the value of their homes, which are now worth £97,810.
