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%.