With a capital gain of -1.85% for the last 12 months, Scarborough, 6019 has performed for property investments than its average annual 1.32% property growth over the last 5 years.
The five-year average increase in median property values for Scarborough,6019 has given property investors a potential capital gain of 1.51% across each of those five years.
Our latest figures would indicate that property sellers in Scarborough are currently offering property investors an average price cut of -4.79% below the asking price at the moment.
In the last year 194 properties changed hands in Scarborough, which puts it as the 17th most active market in WA when comparing the number of sales per suburb.
Using the current median advertised rental of $520 and the average annual increase in value of a median property of 1.32%, investors should hope to achieve an overall return of 3.65%
Property investors who have had real estate in Scarborough, 6019 should be relatively unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.80%
When looking at the potential capital gains offered to property investors over the last 3 years, Scarborough comes in at number 39th in WA.
Property investors looking for a bargain in Scarborough should be aiming for at least -6.11% off the asking price, which is the average vendor discount being achieved at the moment.