With a capital gain of 14.13% for the last 12 months, Scoresby, 3179 has performed for property investments than its average annual 9.60% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Scoresby has given property investors a paper return of 1.99%. This puts Suburb as 256 on a list of fastest fasting appreciating suburbs in VIC
The most recent median price for Scoresby is $690500, with sellers offering an average of -3.45% off the asking price.
Scoresby is 447th on a list of best yielding suburbs for rents in VIC with a 2.94% return
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.27% offered to property buyers. Sellers in Scoresby itself are offering an average vendor discount of -2.38% to real estate investors.
Residents and property investors in Scoresby have been waiting around 72.8 days to sell a property.
Perhaps more commonly known as the home of a variety of major national and international corporations, Scoresby also features some excellently priced propertiesFull summary
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Perhaps more commonly known as the home of a variety of major national and international corporations, Scoresby also features some excellently priced properties.Close
In addition, the area’s proximity to a wide variety of amenities makes it a very popular east Melbourne suburb.
Along with its several shopping centres, this diverse suburb has an extensive range of parks and reserves, a recreation centre, schools and a vet.
The ever-popular Caribbean Gardens Market is also in the area, running three days a week.
With a vacancy rate of just 0.96% and properties spending an average of only 20 days on the market, this suburb is surging in popularity.
Scoresby’s median house price is also a lot less expensive than neighbouring Wheelers Hill ($785,000) and Glen Waverly ($960,000).
Some popular areas include Golding Court and Ferntree Gully Road as they offer ideal locations close to amenities and transport.