At number 3372th in the list of Australian suburbs ordered by increase in median house value over the last year, Scarborough, 6019 is in the BOTTOM 20% with a property value increase of -1.80% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Scarborough comes in at number 187th in WA.
Sellers are offering property buyers an average discount of -4.85% to buyers in Scarborough at the moment, which is less than average for the rest of WA.
With the median price for a house in Scarborough being $735000 and the advertised rent reaching $500 the gross rental yield for property investors calculates out to be 3.54%
Property value increases in Scarborough have tracked just higher than the WA average of -4.96% over the last 12 months.
Scarborough,6019 was ranked 740 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Scarborough should be aiming for at least -6.10% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 226 properties changed hands in Scarborough, which puts it as the 3rd most active market in WA when comparing the number of sales per suburb.