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 $500 based on current median home prices for the suburb.
On average, rents on listings have reached the $500 mark, reflecting a 3.56% increase in returns based on the current median price in SCARBOROUGH.
SCARBOROUGH, 6019 ranks 203rd in WA in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 289th on the list of best yielding suburbs for rental properties in WA, posting a 3.56% return.
Property investors have seen a 0% gain in SCARBOROUGH based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains SCARBOROUGH, 6019 saw average growth in the long term.
SCARBOROUGH, 6019 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 downward trend in home prices in SCARBOROUGH, 6019 averaged -3.09% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $345 based on current median home prices for the suburb.
The gross rental yield in SCARBOROUGH, 6019 is 3.66%.
An average of 19.92 real estate transactions take place per month in SCARBOROUGH which translates to 239 per annum.
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