Scarborough, 4020 ranked 541th in QLD when comparing growth in median property values or capital gain over the last 12 months. Scarborough is one of 2415 in our list for QLD
While Scarborough,4020 ranked number 231th in QLD for increase in median house value (annualised) increase, it is ranked 369th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Scarborough is offering property investors an average of -7.44. This rate of discount on properties puts Suburb at number 265th in terms of most discounted suburbs in QLD
Property investors should expect to get $400 weekly from the median priced house in this suburb.
QLD has seen average median house prices change by -0.62% which means that Scarborough, 4020 has not done well for property investors by showing a capital gain of 8.70% over the last year
Taking the average capital gain, or increase in median house value, Scarborough,4020 has racked up an average of 8.70% over the period. This ranks it number 660th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -9.36% to buyers in Scarborough at the moment, which is less than average for the rest of QLD.
In the last year 99 properties changed hands in Scarborough, which puts it as the 58th most active market in QLD when comparing the number of sales per suburb.
A $377.5 per week rent on the median house gives suburb investors a gross yield of circa 3.93%, without taking into account capital value appreciation, which has been averaging out at 2.97%.