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.
This number can mean, real estate investors could earn a rental income of $390 based on current median home prices for the suburb.
On average, rents on listings have reached the $390 mark, reflecting a 3.83% increase in returns based on the current median price in SCARBOROUGH.
SCARBOROUGH, 4020 ranks 689th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 599th on the list of best yielding suburbs for rental properties in QLD, posting a 3.83% return.
Property investors have seen a -1.01% drop in SCARBOROUGH based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains SCARBOROUGH, 4020 saw average growth in the long term.
SCARBOROUGH, 4020 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $490,000.
Profits due to an upward trend in home prices in SCARBOROUGH, 4020 averaged 7.25% per annum over a 3-year period.
The gross rental yield in SCARBOROUGH, 4020 is 4.14%.
An average of 11 real estate transactions take place per month in SCARBOROUGH which translates to 132 per annum.
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