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Scoresby
AREA REPORTS

Scoresby

Scoresby - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3179

house

Property investors enjoyed capital gains of 4.01% 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 5.49% growth over a ten-year period. It ranks 1135th on our list of suburbs that property investors should look into.

SCORESBY, 3179 has a capital gain of 4.01% for the past year, which is lower than average compared to its 20.96% growth within a five-year period.

With the median home price in SCORESBY sitting at $816,500, and the average rent at $410, property owners could potentially earn a 2.61% 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 (C).

Data report can be found below

Scoresby
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $816,500 N/A
GROWTH REPORT
Median Quarterly 4.01% N/A
Median 12 month 4.01% N/A
Median 3 years -8.46% N/A
Median 5 years 20.96% N/A
10 years average annual 5.49% N/A
Weekly media advert. rent $410 N/A
Time on Market 70.6 days N/A
Gross Rental Yield Percent 2.61% N/A
demographics (median values)*
Total Population
6022
Weekly Household Income
1615
Household Size
2.90
Age
38
Monthly Loan Repayment
1800
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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