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Property investors enjoyed capital gains of 3.09% over the last 12 months in SCORESBY, translating to lower returns compared with its peers in VIC.
A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 4.6% growth over a ten-year period. It ranks 3288th on our list of suburbs that property investors should look into.
SCORESBY, 3179 has a capital gain of 3.09% for the past year, which is lower than average compared to its 27.39% growth within a five-year period.
With the median home price in SCORESBY sitting at $1,000,000, and the average rent at $600, property owners could potentially earn a 3.12% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in SCORESBY are low, as opposed to average gains per annum over the past five years.
SCORESBY, 3179 in VIC belongs to the local government area of Knox.
Scoresby is a middle-ring suburb in Melbourne’s south-east located within the City of Knox. The suburb is situated approximately 28 kilometres south-east of the Melbourne central business district and is bordered by Rowville, Wantirna South, Knoxfield and Ferntree Gully.
Scoresby recorded a population of around 7,300 residents at the 2021 census, reflecting its relatively small residential footprint and mixed land use. The demographic profile includes families, professionals and older residents, with a median age above the metropolitan average. Household incomes are generally close to or above the Melbourne median, supported by stable employment and relatively high rates of home ownership.
Housing in Scoresby is predominantly detached dwellings on traditional suburban blocks, with limited townhouse development and very little apartment construction. Residential density remains low, with most housing concentrated in established neighbourhoods away from industrial areas.
A defining feature of Scoresby is its significant industrial and commercial precincts, particularly along Ferntree Gully Road and Wellington Road. These areas accommodate manufacturing, logistics, warehousing and office-based businesses that contribute substantially to local employment.
Public transport access is primarily bus-based, with no railway station located within Scoresby itself. Residents typically access train services at nearby stations including Ferntree Gully, Glen Waverley and Dandenong via connecting bus routes. Bus services operate along Stud Road, Ferntree Gully Road and surrounding arterials, linking residential areas with shopping centres and employment hubs.
Road connectivity is a key characteristic, with EastLink forming the suburb’s eastern boundary and providing north–south access across Melbourne’s eastern corridor. Additional arterial roads such as Stud Road and Ferntree Gully Road support east–west travel and freight movement.
Local retail and service amenities within Scoresby are limited, with residents relying on nearby centres such as Rowville, Wantirna South and Knox City for supermarkets, medical services and major retail. Educational facilities are not concentrated within the suburb, though primary and secondary schools are readily accessible in surrounding areas.
Recreational amenities include local parks, reserves and sporting grounds that support organised sport and informal recreation. Proximity to Lysterfield Lake Park and surrounding open space provides additional opportunities for outdoor activity.
Scoresby’s character is shaped by its combination of low-density residential neighbourhoods, extensive employment precincts and strong road-based connectivity within Melbourne’s south-east.