Scarborough, 4020 ranked 104th 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
Over the longer term, Scarborough has seen property prices show investors a 19.78% return over the last 3 years. This is worse than over the last 12 months
Scarborough4020 is located in QLD which offers an average discount of -7.10% to property investors. Scarborough itself is showing figures that indicate -6.14% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Scarborough being $545000 and the advertised rent reaching $390 the gross rental yield for property investors calculates out to be 3.72%
Investment property in Scarborough has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.00%
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 buyers and investors in Scarborough 4020 should be seeing an average reduction in asking price of around -5.88% . This means that Scarborough is holding prices well when compared to other suburbs in QLD.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 4.24%, without taking into account capital value appreciation, which has been averaging out at 2.07%.