Scarborough is a mid-sized suburb in Queensland within the Moreton Bay local government area (postcode 4020). With a population of 9,178, the suburb has a mature demographic with a median age of 53. Households earn a median income of $69K per year, with an average household size of 2.2 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Scarborough is $1.1 million, having risen modestly 1% over the past year. Units have a median price of $860,000 (+18.1% YoY). The current median weekly rent is $620. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,907.
Scarborough is served by 3 schools, including 1 primary, 1 secondary, 1 combined. The average ICSEA score is 1027, which is around the national average of 1,000. Public transport access includes 42 bus stops. The crime rate in the Moreton Bay LGA is moderate at 4,652 incidents per 100,000 population.
From an investment perspective, Scarborough offers a gross rental yield of 2.9%, rated as low yield. Property prices are near the state median ($1.1M/$1.1M). The price-to-income ratio of 16.0x is considered stretched. House prices have moved +1.0% year-on-year.
Scarborough is a mid-sized suburb in Queensland within the Moreton Bay local government area (postcode 4020). With a population of 9,178, the suburb has a mature demographic with a median age of 53. Households earn a median income of $69K per year, with an average household size of 2.2 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Scarborough is $1.1 million, having risen modestly 1% over the past year. Units have a median price of $860,000 (+18.1% YoY). The current median weekly rent is $620. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,907.
Scarborough is served by 3 schools, including 1 primary, 1 secondary, 1 combined. The average ICSEA score is 1027, which is around the national average of 1,000. Public transport access includes 42 bus stops. The crime rate in the Moreton Bay LGA is moderate at 4,652 incidents per 100,000 population.
From an investment perspective, Scarborough offers a gross rental yield of 2.9%, rated as low yield. Property prices are near the state median ($1.1M/$1.1M). The price-to-income ratio of 16.0x is considered stretched. House prices have moved +1.0% year-on-year.