Property value increases in Scarborough have tracked close to the WA average of -5.25% over the last 12 months.
The five-year average increase in median property values for Scarborough,6019 has given property investors a potential capital gain of 7.32% across each of those five years.
Sellers are offering property buyers an average discount of -6.23% to buyers in Scarborough at the moment, which is less than average for the rest of WA.
Property investors should expect to get $500 weekly from the median priced house in this suburb.
Property investors who have had real estate in Scarborough, 6019 should be unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -6.73%
A 10.23% growth in median value for property investors in Scarborough,6019 puts this suburb at number 32th in terms of best performing suburbs in WA
Our latest figures would indicate that property sellers in Scarborough are currently offering property investors an average price cut of -6.28% below the asking price at the moment.
On average over the past year, suburb has had 17.25 sales per month, which equates to 207 per year.
A $390 per week rent on the median house gives suburb investors a gross yield of circa 4.18%, without taking into account capital value appreciation, which has been averaging out at 3.94%.