At number 1892th in the list of Australian suburbs ordered by increase in median house value over the last year, Scarness, 4655 is in the top half with a property value increase of 7.41% recorded in median house prices.
Scarness,4655 was ranked 2647 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Scarness are currently offering property investors an average price cut of -7.13% below the asking price at the moment.
At number 2904 in a list of fastest selling suburbs, Scarness is in the bottom 30% of suburbs in Australia with an average of days on market 105.05 for properties listed there.
Using the current median advertised rental of $300 and the average annual increase in value of a median property of 0.32%, investors should hope to achieve an overall return of 5.38%
Property value increases in Scarness have tracked just higher than the QLD average of 0.15% over the last 12 months.
Taking the average capital gain, or increase in median house value, Scarness,4655 has racked up an average of 2.38% over the period. This ranks it number 1259th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Scarness should be aiming for at least -7.76% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 36 properties changed hands in Scarness, which puts it as the 223th most active market in QLD when comparing the number of sales per suburb.
The QLD suburb of Scarness, 4655 is in the Fraser Coast local government area.