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Scarborough

Suburb Profile

Scarborough - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4020

house
unit

Property investors enjoyed capital gains of 3.64% over the last 12 months in SCARBOROUGH, translating to lower returns compared with its peers in QLD.

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

The suburb posted a 6.54% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $405 based on current median home prices for the suburb.

On average, rents on listings have reached the $405 mark, reflecting a 3.69% increase in returns based on the current median price in SCARBOROUGH.

SCARBOROUGH, 4020 ranks 235th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 646th on the list of best yielding suburbs for rental properties in QLD, posting a 3.69% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $570,000 $450,000
GROWTH REPORT
Median Quarterly 0% -1.32%
Median 12 month 3.64% -8.26%
Median 3 years 6.54% -5.26%
Median 5 years 25.27% 13.92%
10 years average annual 3.07% 1.53%
Weekly media advert. rent $405 $395
Time on Market 75.2 days 99.1 days
Gross Rental Yield Percent 3.69% 4.56%
demographics (median values)
Total Population
9834
Weekly Household Income
929.2
Household Size
2.30
demographics
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