AREA REPORTS

Scarness

Suburb Profile

Scarness - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4655

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 15.9% capital gain.

Property investors in SCARNESS enjoyed capital gains of 7.18% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $313,500.

Profits due to an upward trend in home prices there averaged 5.3% per annum over a 3-year period.

Home owners selling their properties and realtors in SCARNESS usually have to wait an average of 101.9 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $310 mark, reflecting a 5.14% increase in returns based on the current median price in SCARNESS.

SCARNESS, 4655 places 187th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $313,500 $270,000
GROWTH REPORT
Median Quarterly 2.79% -0.74%
Median 12 month 7.18% 0%
Median 3 years 15.9% 1.89%
Median 5 years 20.58% 3.85%
10 years average annual 0.72% -0.56%
Weekly media advert. rent $310 $290
Time on Market 101.9 days 96.0 days
Gross Rental Yield Percent 5.14% 5.59%
demographics (median values)
Total Population
3318
Weekly Household Income
596.1
Household Size
2.20
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

House and coins

House prices see largest price drop for last 7 years

A property institute has claimed house prices have seen their largest drop since December 2011, giving buyers the opportunity to add to thei...

Crowd of people

Population growth challenge needs to combat skill shortages, says property expert

Following the NSW Premier’s plans to continue to address population growth, a property expert has stressed the importance for any proposal...

Sydney Australia

Sydney in top 6 cities for ultra-prime property sales

A new ranking has placed Sydney in sixth place for the highest number of property sales worth more than US$25 million. ...

House for sale sold

No property agent? No worries!

Selling your own home is about confidence. Here’s how to do it without a real estate agent to hold your hand. ...

Hedonic index and other data vital to property investment

Experts and seasoned investors have always highlighted the importance of research before diving into the property game, but what factors are...

$850 yearly savings won with small mortgage changes, ACCC finds

A report by the ACCC has found that the pricing of residential mortgages by the major banks is too opaque, making it too time consuming for ...