Over the last year, property investments in Scarborough, 4020 have given investors a capital gain of 9.09%. This compares very favourably with the 1.98% for QLD as a whole.
The five-year average increase in median property values for Scarborough,4020 has given property investors a potential capital gain of 24.48% across each of those five years.
The most recent median price for Scarborough is $507250, with sellers offering an average of -5.81% off the asking price.
QLD has seen average median house prices change by 0.77% which means that Scarborough, 4020 has done well for property investors by showing a capital gain of 10.53% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Scarborough has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Scarborough is offering property investors an average of -5.98. This rate of discount on properties puts Suburb at number 126th in terms of most discounted suburbs in QLD
A $380 per week rent on the median house gives suburb investors a gross yield of circa 4.18%, without taking into account capital value appreciation, which has been averaging out at 2.90%.