Investment property in Scarborough has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.66%
When looking at the potential capital gains offered to property investors over the last 3 years, Scarborough comes in at number 75th in WA.
The most recent median price for Scarborough is $760000, with sellers offering an average of -5.02% off the asking price.
With the median price for a house in Scarborough being $760000 and the advertised rent reaching $500 the gross rental yield for property investors calculates out to be 3.42%
Property value increases in Scarborough have tracked just higher than the WA average of -5.10% over the last 12 months.
If we look at median property appreciation over just the last three months, Scarborough has given property investors a paper return of 0.00%. This puts Suburb as 41 on a list of fastest fasting appreciating suburbs in WA
Property buyers and investors in Scarborough 6019 should be seeing an average reduction in asking price of around -6.80% . This means that Scarborough is holding prices well when compared to other suburbs in WA.
With the median price for a house in Scarborough being $490000 and the advertised rent reaching $360 the gross rental yield for property investors calculates out to be 3.82%