QLD has seen average median house prices change by 2.19% which means that Scarness, 4655 has done well for property investors by showing a capital gain of 7.12% over the last year
Across a shorter period, Scarness, 4655 has seen a median price increase of 0.16% over the last quarter.
Property investors looking for a bargain in Scarness should be aiming for at least -6.30% off the asking price, which is the average vendor discount being achieved at the moment.
A $310 per week rent on the median house gives suburb investors a gross yield of circa 5.10%, without taking into account capital value appreciation, which has been averaging out at 0.71%.
Property value increases in Scarness have tracked close to the QLD average of 0.23% over the last 12 months.
Scarness,4655 has offered an average of 1.12% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Scarness 4655 should be seeing an average reduction in asking price of around -5.32% . This means that Scarness is holding prices well when compared to other suburbs in QLD.
Situated 242.47km from the CBD, Scarness is one of Fraser Coast localities in the postcode 4655.