Property value increases in Scoresby have tracked close to the VIC average of 8.96% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Scoresby comes in at number 192th in VIC.
The most recent median price for Scoresby is $723000, with sellers offering an average of -6.00% off the asking price.
Scoresby is 422th on a list of best yielding suburbs for rents in VIC with a 2.88% return
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.