Suburb Profile Report for Scarborough WA (6019)

Scarborough House: Median price $750,000, Annual capital growth 1.24%, Number of sales 166, Weekly median advertised rent $523

Scarborough Unit: Median price $481,000, Annual capital growth 1.18%, Number of sales 205, Weekly median advertised rent $350

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

Property value increases in Scarborough have tracked close to the WA average of -1.63% over the last 12 months.

Comparing Scarborough,6019 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

Vendor discounting in Scarborough is giving property investors an average Vendor Discount of around -5.00%. This puts suburb at number 367th in WA when ranking the most discounted suburbs.

At number 1240th in the list of Australian suburbs ordered by increase in median house value over the last year, Scarborough, 6019 is in the BOTTOM 30% with a property value increase of -3.22% recorded in median house prices.

Across a shorter period, Scarborough, 6019 has seen a median price increase of 0.10% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Scarborough is offering property investors an average of -8.85. This rate of discount on properties puts Suburb at number 87th in terms of most discounted suburbs in WA

A $350 per week rent on the median house gives suburb investors a gross yield of circa 3.78%, without taking into account capital value appreciation, which has been averaging out at 1.18%.

Metrics i HOUSE UNIT
$750,000 $481,000
2.92% 0.10%
-0.33% -3.22%
1.24% 1.18%
$523 $350
166 205
3.62% 3.78%
75.22 68.11

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 14271
Median household income ($/weekly) 1566
Median age of persons 34
Median housing loan repayment ($/monthly) 2167
Average household size 2.1
  • Census Count Percent(%)
    20-24 years 1297 9.1
    25-34 years 3723 26.1
    35-44 years 2259 15.8
    45-54 years 1725 12.1
    55-64 years 1357 9.5
    Others 3911 27.4
    Age Group
    Census Count Percent(%)
    Not Married 5085 48.7
    Registered Married 3588 34.4
    Defacto Relationship 1766 16.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 8222 65.0
    Italy 303 2.4
    Papua New Guinea 717 5.7
    United Kingdom 1312 10.4
    Other 718 5.7
    Others 1375 10.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 182 1.5
    Christianity 7423 61.5
    Hinduism 88 0.7
    Islam 103 0.9
    No Religion 4143 34.3
    Others 125 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 422 7.8
    $1,000-$1,249 419 7.8
    $1,500-$1,999 676 12.5
    $2,000-$2,499 462 8.6
    $2,500-$2,999 746 13.8
    Others 2670 49.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 5652 50.8
    Not in the labour force 2535 22.8
    Employed, worked part-time 2141 19.2
    Employed, away from work 492 4.4
    Unemployed, looking for work 312 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 1035 12.5
    Professionals 2491 30.1
    Technicians & trades workers 1315 15.9
    Community & personal service workers 756 9.1
    Clerical & administrative workers 1151 13.9
    Others 1541 18.6
    Occupation
    Census Count Percent(%)
    Pre-school 146 6.3
    Infants/Primary 627 26.9
    Secondary 396 17.0
    Technical or Further Educational Institution 337 14.5
    University or other Tertiary Institutions 743 31.9
    Others 83 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5183 42.2
    Semi-detached, row or terrace house, townhouse 4067 33.1
    Flat, unit or apartment 3025 24.6
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 2641 44.1
    Being purchased 1804 30.2
    Fully owned 1519 25.4
    Other tenure type 18 0.3
    Tenure Type
Census 2011, ABS
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