Scarness, 4655 ranked 304th in QLD when comparing growth in median property values or capital gain over the last 12 months. Scarness is one of 2415 in our list for QLD
Scarness,4655 was ranked 1508 in Australia by increase in median property value over the quarter.
At number 345th of QLD’s most discounted properties, Scarness is in the middle of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 6.75 sales per month, which equates to 81 per year.
QLD has seen average median house prices change by 0.48% which means that Scarness, 4655 has done well for property investors by showing a capital gain of 2.66% 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 Scarness has increased when compared to the 5 year average annual rate.
Scarness4655 is located in QLD which offers an average discount of -6.15% to property investors. Scarness itself is showing figures that indicate -6.90% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Scarness the average time real estate has been on the market is 108.12 days.
Using the current median advertised rental of $295 and the average annual increase in value of a median property of -0.23%, investors should hope to achieve an overall return of 5.68%