How to maximise the value of your property this spring selling season
With spring selling season right around the corner and some slow months in property, housing prices and stock levels are on the rise. To mak...
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 $495 based on current median home prices for the suburb.
On average, rents on listings have reached the $495 mark, reflecting a 3.5% increase in returns based on the current median price in SCARBOROUGH.
SCARBOROUGH, 6019 ranks th in WA in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 329th on the list of best yielding suburbs for rental properties in WA, posting a 3.5% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $735,000 | $487,000 |
| GROWTH REPORT | ||
| Median Quarterly | -0.68% | 1.35% |
| Median 12 month | 0% | -1.12% |
| Median 3 years | -3.29% | -4.51% |
| Median 5 years | 4.63% | -3.37% |
| 10 years average annual | 1.69% | 1.86% |
| Weekly media advert. rent | $495 | $400 |
| Time on Market | 61.7 days | 79.0 days |
| Gross Rental Yield Percent | 3.5% | 4.27% |
With spring selling season right around the corner and some slow months in property, housing prices and stock levels are on the rise. To mak...
Big four bank Westpac has reported an increase in home loan delinquencies and a rise in the number of properties in its possession. ...
The major bank has identified the root causes of lags in its home loan application process, which have undermined its competitiveness in the...
The vast majority of online investors prefer to build their investment portfolio by investing in equities rather than property, a new report...
A former branch manager at NAB has pleaded guilty to using the bank’s introducer program to defraud the bank of thousands of dollars. ...
Property investors engaging with Australia’s biggest credit and financial services providers should proceed with caution, after a new repo...
Get notifications in real-time for staying up to date with content that matters to you.