Scarborough is a quiet locality in New South Wales within the Wollongong local government area (postcode 2515). With a population of 325, the suburb has an established demographic with a median age of 41. Households earn a median income of $134K per year, with an average household size of 3.1 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Scarborough is $1.6 million, having risen modestly 0.6% over the past year. The current median weekly rent is $970. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $2,500.
Scarborough is served by 1 school, including 1 primary. The average ICSEA score is 1080, which is above the national average of 1,000. Public transport access includes 2 rail stations, 4 bus stops. The crime rate in the Wollongong LGA is below average at 3,519 incidents per 100,000 population.
From an investment perspective, Scarborough offers a gross rental yield of 3.1%, rated as moderate yield. Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 12.2x is considered stretched. House prices have moved +0.6% year-on-year.
Scarborough is a quiet locality in New South Wales within the Wollongong local government area (postcode 2515). With a population of 325, the suburb has an established demographic with a median age of 41. Households earn a median income of $134K per year, with an average household size of 3.1 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Scarborough is $1.6 million, having risen modestly 0.6% over the past year. The current median weekly rent is $970. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $2,500.
Scarborough is served by 1 school, including 1 primary. The average ICSEA score is 1080, which is above the national average of 1,000. Public transport access includes 2 rail stations, 4 bus stops. The crime rate in the Wollongong LGA is below average at 3,519 incidents per 100,000 population.
From an investment perspective, Scarborough offers a gross rental yield of 3.1%, rated as moderate yield. Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 12.2x is considered stretched. House prices have moved +0.6% year-on-year.