Scarborough, QLD 4020: Suburb Profile & Property Report

Market Report

House report
Unit Report

Scarborough has 211 houses available for sale. The median property price for a house is currently $997,500 with annual capital growth of 7.61% . There were 146 house sales in the past 12 months. On average, houses spend 36 days on market.

If you're thinking about buying an investment property in Scarborough, consider that rental yields for houses are currently 3.38% with an average median rent of $635 weekly. Houses have seen 3.64% growth in the past quarter, and 7.61% growth in the past 12 months.

The size of Scarborough is approximately 3.3 square kilometres. It has 8 parks covering nearly 6.2% of total area. The population of Scarborough in 2011 was 7,985 people. By 2016 the population was 8,704 showing a population growth of 9.0% in the area during that time. The predominant age group in Scarborough is 50-59 years.

Households in Scarborough are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Scarborough work in a professional occupation. In 2011, 57% of the homes in Scarborough were owner-occupied compared with 60% in 2016.

Scarborough has 105 units available for sale. The median property price for a unit is currently $727,500 with annual capital growth of 6.20% . There were 99 unit sales in the past 12 months. On average, units spend 28 days on market.

If you're thinking about buying an investment property in Scarborough, consider that rental yields for units are currently 3.86% with an average median rent of $628 weekly. Units have seen 2.11% growth in the past quarter, and 6.20% growth in the past 12 months.

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Key Market Data	House	Unit
Median price	$997,500	$727,500
Quarterly growth	+3.64%	+2.11%
12-month growth	+7.61%	+6.20%
Average annual growth	+11.92%	+9.74%
Weekly median rent	$635	$628
Gross rental yield	3.38%	3.86%
Number of Sales (12m)	146	99
Avg. Days on Market (12m)	36	28

Jump to Market Trends

Key Demographics	2011	2016
Total population	7,985	8,704
Population change (5y)	-18.84%	+9.00%
Median household income (p/w)	$973	$1,166
Household income change (5y)	+3.95%	+19.84%
Median age of persons	45	48

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in Scarborough is $997,500 for houses and $727,500 for units.

The Median Growth in Scarborough over the past 12 months is 7.61% for houses and 6.20% for units.

Over the past 12 months there were 146 houses sold and 99 units sold in Scarborough. On average, houses spent 36 days on market and units spent 28 days on market.

In the past 12 months up to August 2024 there were 146 houses sold and 99 units sold in Scarborough. On average, houses spent 36 days on market and units spent 28 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in Scarborough is $635 for houses and $628 for units.

The Rental Yield in Scarborough is 3.38% for houses and 3.86% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

The population of Scarborough was 8,704 in 2016, a +9.00% change compared to 2011.

The predominant age group in Scarborough is 50-59 years.

The population of Scarborough was 8,704 in 2016, a +9.00% change compared to 2011.

The predominant age group in Scarborough is 60-69 years.

Most of the population in Scarborough were born in Australia.

Most of the population in Scarborough report their religion as No Religion.

Most of the population in Scarborough report their religion as Catholic.

Most of the population in Scarborough report their income range as between $15,000 and $33,000 .

The median household income in Scarborough was $1,166 in 2016, a +19.84% change compared to 2011.

Most of the population in Scarborough report their income range as between $15,000 and $31,000 .

The median household income in Scarborough was $973 in 2011, a +3.95% change compared to 2006.

Most of the population in Scarborough work as Professional.

The chart below demonstrates the various levels of education in Scarborough.

Most of the population in Scarborough reached a qualification level of Certificate.

2011 2016

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