Scoresby has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 8.68% to date .
A 61.65% growth in median value for property investors in Scoresby,3179 puts this suburb at number 149th in terms of best performing suburbs in VIC
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.80% offered to property buyers. Sellers in Scoresby itself are offering an average vendor discount of -5.93% to real estate investors.
On average over the past year, suburb has had 8.25 sales per month, which equates to 99 per year.
Scoresby is 422th on a list of best yielding suburbs for rents in VIC with a 2.83% 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.