Suburb Profile Report for Scarness QLD (4655)

Scarness House: Median price $305,000, Annual capital growth 0.34%, Number of sales 60, Weekly median advertised rent $310

Scarness Unit: Median price $272,000, Annual capital growth -0.56%, Number of sales 32, Weekly median advertised rent $290

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

Source: CoreLogic

  • House Report
  • Unit Report

Scarness has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 5.17% to date .

Taking the average capital gain, or increase in median house value, Scarness,4655 has racked up an average of 5.17% over the period. This ranks it number 2700th in the whole country for real estate investors looking at median house price increases.

Sellers are offering property buyers an average discount of -6.50% to buyers in Scarness at the moment, which is less than average for the rest of QLD.

Residents and property investors in Scarness have been waiting around 99.07 days to sell a property.

The QLD suburb of Scarness, 4655 is in the Fraser Coast local government area.

Scarness, 4655 ranked 171th in QLD when comparing growth in median property values or capital gain over the last 12 months. Scarness is one of 2415 in our list for QLD

Scarness,4655 was ranked 748 in Australia by increase in median property value over the quarter.

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.78% offered to property buyers. Sellers in Scarness itself are offering an average vendor discount of -7.53% to real estate investors.

Situated 242.48km from the CBD, Scarness is one of Fraser Coast localities in the postcode 4655.

Metrics i HOUSE UNIT
$305,000 $272,000
0.00% 0.74%
5.17% 0.74%
0.34% -0.56%
$310 $290
60 32
5.29% 5.54%
99.07 126.78

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 3472
Median household income ($/weekly) 661
Median age of persons 45
Median housing loan repayment ($/monthly) 1542
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 359 10.3
    35-44 years 371 10.7
    45-54 years 454 13.1
    55-64 years 507 14.6
    65-74 years 433 12.5
    Others 1349 38.8
    Age Group
    Census Count Percent(%)
    Not Married 1311 50.6
    Registered Married 1043 40.2
    Defacto Relationship 238 9.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 2672 81.6
    Greece 27 0.8
    Papua New Guinea 122 3.7
    United Kingdom 212 6.5
    Other 67 2.0
    Others 175 5.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 41 1.3
    Christianity 2192 70.5
    Hinduism 13 0.4
    Other Religious Groups 15 0.5
    No Religion 835 26.8
    Others 14 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 200 14.6
    $400-$599 280 20.4
    $600-$799 189 13.8
    $800-$999 160 11.6
    $1,000-$1,249 111 8.1
    Others 434 31.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1475 54.2
    Employed, worked full-time 578 21.3
    Employed, worked part-time 393 14.4
    Unemployed, looking for work 174 6.4
    Employed, away from work 100 3.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 195 18.2
    Technicians & trades workers 157 14.7
    Community & personal service workers 162 15.1
    Sales 135 12.6
    Labourers 135 12.6
    Others 287 26.8
    Occupation
    Census Count Percent(%)
    Pre-school 43 7.2
    Infants/Primary 223 37.3
    Secondary 177 29.6
    Technical or Further Educational Institution 58 9.7
    University or other Tertiary Institutions 72 12.0
    Others 25 4.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2362 72.9
    Flat, unit or apartment 645 19.9
    Semi-detached, row or terrace house, townhouse 123 3.8
    Caravan, cabin, houseboat 108 3.3
    House or flat attached to a shop, office 4 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 698 47.5
    Fully owned 495 33.7
    Being purchased 269 18.3
    Other tenure type 9 0.6
    Tenure Type
Census 2011, ABS
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