Investment property in Scarborough has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.89%
When looking at the potential capital gains offered to property investors over the last 3 years, Scarborough comes in at number 232th in QLD.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Scarborough, 4020. Typically our figures indicate that -6.23% is being offered, which puts this QLD suburb at 1923th most discounted overall in Australia.
On average over the past year, suburb has had 11.50 sales per month, which equates to 138 per year.
Situated 30.23km from the CBD, Scarborough is one of Moreton Bay (R) localities in the postcode 4020.
With a capital gain of -9.70% for the last 12 months, Scarborough, 4020 has performed for property investments than its average annual 2.20% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Scarborough has given property investors a paper return of -0.33%. This puts Suburb as 177 on a list of fastest fasting appreciating suburbs in QLD
Vendor discounting in Scarborough is giving property investors an average Vendor Discount of around -6.57%. This puts suburb at number 88th in QLD when ranking the most discounted suburbs.
With the median price for a house in Scarborough being $456000 and the advertised rent reaching $395 the gross rental yield for property investors calculates out to be 4.50%