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