If you compare the increase in value of investment property in Scarness, 4655 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 7.04%.
Taking the average capital gain, or increase in median house value, Scarness,4655 has racked up an average of 7.04% over the period. This ranks it number 3073th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Scarness is offering property investors an average of -7.10. This rate of discount on properties puts Suburb at number 323th in terms of most discounted suburbs in QLD
In the last year 89 properties changed hands in Scarness, which puts it as the 271th most active market in QLD when comparing the number of sales per suburb.
Over the last year, property investments in Scarness, 4655 have given investors a capital gain of 2.66%. This compares favourably with the 0.66% for QLD as a whole.
Across a shorter period, Scarness, 4655 has seen a median price increase of 0.75% over the last quarter.
Scarness, 4655 is offering QLD ‘s 82th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this QLD.
Using the current median advertised rental of $292.5 and the average annual increase in value of a median property of -0.42%, investors should hope to achieve an overall return of 5.63%