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 4.5% and has experienced a 12-month capital growth of Up 7.4%, with a median house buy price of $725,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$700,000
$720,000
$770,000
$725,000
Suburb Market Profile
Last month Scarness had 27 properties available for rent and 36 properties for sale. Median property prices over the last year range from $725,000 for houses to $615,000 for units. If you are looking for an investment property, consider houses in Scarness rent out for $590 PW with an annual rental yield of 4.5% and units rent for $500 PW with a rental yield of 4.8%. Scarness has seen an annual compound growth rate of 7.4% for houses and 12.8% for units.
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