SCARNESS 4655
State: QLDPosiProp AI Investment Summary
SCARNESS (QLD 4655) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.1% and has experienced a 12-month capital growth of Up 22.2%, with a median house buy price of $721,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$682,500
$695,000
$750,000
$721,000
Suburb Market Profile
Last month Scarness had 19 properties available for rent and 30 properties for sale. Median property prices over the last year range from $721,000 for houses to $592,250 for units. If you are looking for an investment property, consider houses in Scarness rent out for $560 PW with an annual rental yield of 4.1% and units rent for $500 PW with a rental yield of 4.4%. Scarness has seen an annual compound growth rate of 22.2% for houses and 13.7% for units.