With a capital gain of 12.37% for the last 12 months, Scarborough, 4020 has performed for property investments than its average annual 4.77% property growth over the last 5 years.
Scarborough,4020 has offered an average of 12.37% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Scarborough should be aiming for at least -6.15% off the asking price, which is the average vendor discount being achieved at the moment.
Giving property investors a an unimpressive capital gain of 1.03% for the last year, Scarborough, 4020 is the 1054th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Scarborough,4020 has racked up an average of 1.03% over the period. This ranks it number 473th 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 -5.66% below the asking price at the moment.
On average over the past year, suburb has had 12.25 sales per month, which equates to 147 per year.