Suburb Profile Report for Scarborough WA (6019)

Scarborough House: Median price $760,000, Annual capital growth 1.55%, Number of sales 173, Weekly median advertised rent $500

Scarborough Unit: Median price $490,000, Annual capital growth 2.19%, Number of sales 210, Weekly median advertised rent $360

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

Source: CoreLogic

  • House Report
  • Unit Report

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%

Metrics i HOUSE UNIT
$760,000 $490,000
1.22% 0.00%
0.66% -1.75%
1.55% 2.19%
$500 $360
173 210
3.42% 3.82%
60.31 89.47

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
Find a mortgage broker in Scarborough WA
Demographics
Total population 14271
Median household income ($/weekly) 1566
Median age of persons 34
Median housing loan repayment ($/monthly) 2167
Average household size 2.1
  • Census Count Percent(%)
    20-24 years 1297 9.1
    25-34 years 3723 26.1
    35-44 years 2259 15.8
    45-54 years 1725 12.1
    55-64 years 1357 9.5
    Others 3911 27.4
    Age Group
    Census Count Percent(%)
    Not Married 5085 48.7
    Registered Married 3588 34.4
    Defacto Relationship 1766 16.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 8222 65.0
    Italy 303 2.4
    Papua New Guinea 717 5.7
    United Kingdom 1312 10.4
    Other 718 5.7
    Others 1375 10.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 182 1.5
    Christianity 7423 61.5
    Hinduism 88 0.7
    Islam 103 0.9
    No Religion 4143 34.3
    Others 125 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 422 7.8
    $1,000-$1,249 419 7.8
    $1,500-$1,999 676 12.5
    $2,000-$2,499 462 8.6
    $2,500-$2,999 746 13.8
    Others 2670 49.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 5652 50.8
    Not in the labour force 2535 22.8
    Employed, worked part-time 2141 19.2
    Employed, away from work 492 4.4
    Unemployed, looking for work 312 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 1035 12.5
    Professionals 2491 30.1
    Technicians & trades workers 1315 15.9
    Community & personal service workers 756 9.1
    Clerical & administrative workers 1151 13.9
    Others 1541 18.6
    Occupation
    Census Count Percent(%)
    Pre-school 146 6.3
    Infants/Primary 627 26.9
    Secondary 396 17.0
    Technical or Further Educational Institution 337 14.5
    University or other Tertiary Institutions 743 31.9
    Others 83 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5183 42.2
    Semi-detached, row or terrace house, townhouse 4067 33.1
    Flat, unit or apartment 3025 24.6
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 2641 44.1
    Being purchased 1804 30.2
    Fully owned 1519 25.4
    Other tenure type 18 0.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals