Scarness (postcode 4655) is a smaller suburb in Queensland within the Fraser Coast local government area. With a population of 3,646, the suburb has a settled, mature resident base with a median age of 51. Households earn a median income of $49K per year, with an average household size of 2 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.1% year-on-year at the LGA level. QLD employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. QLD also had 32 Commonwealth-backed major projects under construction, 12 underway, and 50 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are community & personal service, professionals, technicians & trades. Employment in the area leans toward healthcare and accommodation & food. The top ancestries reported are English, Australian, Irish.
The median house price in Scarness is $732,000, broadly unchanged over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,244.
The crime rate in the Fraser Coast LGA is moderate at 5,491 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 3.5% (moderate yield). Property prices sit below the state median ($732K/$1.1M), which can point to relative value. The price-to-income ratio of 15.1x is considered stretched. House prices have moved +0.0% year-on-year. Population growth of +2.1% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.