Scarborough, 4020 ranked 111th in QLD when comparing growth in median property values or capital gain over the last 12 months. Scarborough is one of 2415 in our list for QLD
Scarborough,4020 was ranked 2709 in Australia by increase in median property value over the quarter.
At number 414th of QLD’s most discounted properties, Scarborough is in the middle of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 13.75 sales per month, which equates to 165 per year.
Advertised rents are around the $390 mark per week – giving a return of 3.72% based on the median price in Suburb
Giving property investors a a stable capital gain of 6.52% for the last year, Scarborough, 4020 is the 593th highest performer in Australia in this respect.
The five-year average increase in median property values for Scarborough,4020 has given property investors a potential capital gain of 36.11% across each of those five years.
Property investors looking for a bargain in Scarborough should be aiming for at least -5.85% off the asking price, which is the average vendor discount being achieved at the moment.
Scarborough is 348th on a list of best yielding suburbs for rents in QLD with a 4.09% return