Scoresby, 3179 ranked 508th in VIC when comparing growth in median property values or capital gain over the last 12 months. Scoresby is one of 2098 in our list for VIC
The five-year average increase in median property values for Scoresby,3179 has given property investors a potential capital gain of 47.56% across each of those five years.
Property investors looking for a bargain in Scoresby should be aiming for at least -5.49% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 8.17 sales per month, which equates to 98 per year.
With the median price for a house in Scoresby being $695000 and the advertised rent reaching $390 the gross rental yield for property investors calculates out to be 2.92%
Perhaps more commonly known as the home of a variety of major national and international corporations, Scoresby also features some excellently priced propertiesFull summary
Information supplied by:
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.