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Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
In Scarborough, the median property price for a house is currently 995,000 with annual capital growth of 10.56 . There were 145 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 3.42 with an average median rent of 650 weekly. Houses have seen 3.65 growth in the past quarter, and 10.56 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.
In Scarborough, the median property price for a unit is currently 775,500 with annual capital growth of 12.07 . There were 96 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 3.84 with an average median rent of 625 weekly. Units have seen 7.71 growth in the past quarter, and 12.07 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.
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| Key Market Data | House | Unit |
| Median price | 995,000 | 775,500 |
| Quarterly growth | +3.65 | +7.71 |
| 12-month growth | +10.56 | +12.07 |
| Average annual growth | +12.12 | +11.50 |
| Weekly median rent | 650 | 625 |
| Gross rental yield | 3.42 | 3.84 |
| Number of Sales (12m) | 145 | 96 |
| Avg. Days on Market (12m) | 36 | 28 |
| 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 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
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 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.
Most of the population in Scarborough work as Professional.
The chart below demonstrates the various levels of education in Scarborough.
The chart below demonstrates the various levels of education in Scarborough.
Most of the population in Scarborough reached a qualification level of Certificate.
Most of the population in Scarborough reached a qualification level of Certificate.
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