Scarborough is in the TOP 30% in QLD when comparing median price capital growth over the last year. Scarborough gave property investors a good capital gain figure when compared to the rest of the state, with 7.40%.
If we look at median property appreciation over just the last three months, Scarborough has given property investors a paper return of 3.00%. This puts Suburb as 165 on a list of fastest fasting appreciating suburbs in QLD
Scarborough4020 is located in QLD which offers an average discount of -7.31% to property investors. Scarborough itself is showing figures that indicate -5.55% is the average achievable by property buyers investing in the suburb.
Using the current median advertised rental of $390 and the average annual increase in value of a median property of 4.54%, investors should hope to achieve an overall return of 3.94%
At number 728th in the list of Australian suburbs ordered by increase in median house value over the last year, Scarborough, 4020 is in the top half with a property value increase of 4.49% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Scarborough,4020 has racked up an average of 4.49% over the period. This ranks it number 542th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Scarborough are currently offering property investors an average price cut of -6.08% below the asking price at the moment.