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AREA REPORTS

Scarborough

QLD/
Scarborough

Suburb Profile

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

house
unit

Property investors enjoyed capital gains of 0.6% 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 12.63% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $400 based on current median home prices for the suburb.

On average, rents on listings have reached the $400 mark, reflecting a 3.81% increase in returns based on the current median price in SCARBOROUGH.

SCARBOROUGH, 4020 ranks 510th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 647th on the list of best yielding suburbs for rental properties in QLD, posting a 3.81% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $546,250 $485,000
GROWTH REPORT
Median Quarterly 1.16% -5.27%
Median 12 month 0.6% 6.59%
Median 3 years 12.63% 6.13%
Median 5 years 22.75% 28.99%
10 years average annual 3.17% 2.49%
Weekly media advert. rent $400 $382.5
Time on Market 61.8 days 98.9 days
Gross Rental Yield Percent 3.81% 4.1%
demographics (median values)
Total Population
9834
Weekly Household Income
929.2
Household Size
2.30
demographics
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