With a capital gain of 2.70% for the last 12 months, Scarborough, 6019 has performed for property investments than its average annual 0.85% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Scarborough has increased when compared to the 5 year average annual rate.
Vendor discounting in Scarborough is giving property investors an average Vendor Discount of around -5.18%. This puts suburb at number 396th in WA when ranking the most discounted suburbs.
At number 1238 in a list of fastest selling suburbs, Scarborough is in the TOP 40% of suburbs in Australia with an average of days on market 61.87 for properties listed there.
Scarborough, 6019’s gross rental yield is 3.39%
Scarborough, 6019 ranked 23th in WA when comparing growth in median property values or capital gain over the last 12 months. Scarborough is one of 1662 in our list for WA
While Scarborough,6019 ranked number 34th in WA for increase in median house value (annualised) increase, it is ranked 21th over the last 5 years.
Scarborough, 6019 is offering WA ‘s 84th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this WA.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 3.70%, without taking into account capital value appreciation, which has been averaging out at 2.20%.