Suburb Profile Report for Scarborough QLD (4020)

Scarborough House: Median price $537,500, Annual capital growth 4.98%, Number of sales 164, Weekly median advertised rent $390

Scarborough Unit: Median price $465,000, Annual capital growth 2.45%, Number of sales 126, Weekly median advertised rent $383

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Scarborough have tracked higher than the QLD average of 2.11% over the last 12 months.

If we look at median property appreciation over just the last three months, Scarborough has given property investors a paper return of 4.88%. This puts Suburb as 93 on a list of fastest fasting appreciating suburbs in QLD

Scarborough, 4020 is offering QLD ‘s 501th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this QLD.

Often selling an investment property can take time, and in Scarborough the average time real estate has been on the market is 83.38 days.

Renters in Suburb are facing rents around $4680 per annum or $390 every week.

Scarborough has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 2.20% to date .

Scarborough,4020 was ranked 1176 in Australia by increase in median property value over the quarter.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Scarborough, 4020. Typically our figures indicate that -6.14% is being offered, which puts this QLD suburb at 443th most discounted overall in Australia.

Advertised rents are around the $382.5 mark per week – giving a return of 4.28% based on the median price in Suburb

HOUSE UNIT
$537,500 $465,000
4.88% -1.06%
10.82% 2.20%
4.98% 2.45%
$390 $383
164 126
3.77% 4.28%
83.38 113.92

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 7985
Median household income ($/weekly) 966
Median age of persons 45
Median housing loan repayment ($/monthly) 1840
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 837 10.5
    35-44 years 1043 13.1
    45-54 years 1152 14.4
    55-64 years 1171 14.7
    65-74 years 894 11.2
    Others 2889 36.2
    Age Group
    Census Count Percent(%)
    Registered Married 2862 46.5
    Not Married 2720 44.2
    Defacto Relationship 569 9.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 5692 74.4
    Papua New Guinea 461 6.0
    South Africa 61 0.8
    United Kingdom 789 10.3
    Other 233 3.0
    Others 418 5.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 81 1.1
    Christianity 5362 73.1
    Hinduism 17 0.2
    Other Religious Groups 43 0.6
    No Religion 1818 24.8
    Others 16 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 331 10.6
    $400-$599 432 13.9
    $600-$799 358 11.5
    $1,000-$1,249 268 8.6
    $1,500-$1,999 335 10.8
    Others 1384 44.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2650 41.2
    Employed, worked full-time 2175 33.9
    Employed, worked part-time 1142 17.8
    Unemployed, looking for work 250 3.9
    Employed, away from work 208 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 408 11.6
    Professionals 701 19.9
    Technicians & trades workers 491 13.9
    Community & personal service workers 409 11.6
    Clerical & administrative workers 571 16.2
    Others 948 26.9
    Occupation
    Census Count Percent(%)
    Pre-school 94 6.3
    Infants/Primary 570 38.4
    Secondary 395 26.6
    Technical or Further Educational Institution 140 9.4
    University or other Tertiary Institutions 206 13.9
    Others 80 5.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5634 74.8
    Flat, unit or apartment 1128 15.0
    Semi-detached, row or terrace house, townhouse 665 8.8
    Caravan, cabin, houseboat 97 1.3
    House or flat attached to a shop, office 9 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1196 35.9
    Fully owned 1046 31.4
    Being purchased 900 27.0
    Other tenure type 190 5.7
    Tenure Type
Census 2011, ABS
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