Giving property investors a an average capital gain of -1.37% for the last year, Scarborough, 6019 is the 2181th highest performer in Australia in this respect.
When looking at the potential capital gains offered to property investors over the last 3 years, Scarborough comes in at number 133th in WA.
The most recent median price for Scarborough is $720000, with sellers offering an average of -6.62% off the asking price.
On average over the past year, suburb has had 17.33 sales per month, which equates to 208 per year.
Property investors should expect to get $530 weekly from the median priced house in this suburb.
Scarborough, 6019 ranked 54th in WA when comparing growth in median property values or capital gain over the last 12 months. Scarborough is one of 1662 in our list for WA
If we look at median property appreciation over just the last three months, Scarborough has given property investors a paper return of -1.10%. This puts Suburb as 65 on a list of fastest fasting appreciating suburbs in WA
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, 6019. Typically our figures indicate that -7.73% is being offered, which puts this WA suburb at 224th most discounted overall in Australia.
The WA suburb of Scarborough, 6019 is in the Stirling (C) local government area.
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Housing stock is boosted
Median house price: $742,000
Stock on market: 24.6%
12-month growth: -1.1%
The large suburb of Scarborough is a popular coastal spot made to maximise visitors and water sports enthusiasts to Scarborough Beach, which became the site of the Australian Surf Life Saving Championships for four years.
Named for a beach resort in England’s North Yorkshire, Scarborough is home to restaurants, cafes and a thriving nightlife scene. One of its most well-known landmarks is the Rendezvous Observation City, which was built in 1986. In addition to the focus on entertainment, Scarborough also houses Scarborough Primary School.
In September 2017, this suburb recorded 132 houses on the market – 12 months on, this number has skyrocketed to nearly 200. In the same period, house values stumbled by 1.1% to continue a negative trend observed in 2015, when prices dropped by 4.9%. By contrast, however, unit stock fell from 79 to 67.