Scarborough

About Scarborough

Scarborough, located approximately 12 kilometres northwest of Perth’s central business district, is a vibrant coastal suburb renowned for its stunning beaches and lively community atmosphere. These attributes have contributed to its strong appeal among property investors.​

Property Market Overview:

• Median Property Prices: Over the past year, Scarborough has experienced significant growth in property values. The median house price is approximately $1,300,000, reflecting a compound annual growth rate of 30.0%. Units have a median price of around $690,000, with an annual growth rate of 18.4%. ​

• Rental Market: The rental market in Scarborough is robust. Houses rent for a median of $840 per week, yielding an annual rental return of about 4.0%. Units have a median rent of $650 per week, offering a rental yield of approximately 5.3%.

• Market Activity: In the past 12 months, there were 243 house sales, with properties spending an average of 10 days on the market. This indicates a high demand for housing in the area. ​

Demographics and Lifestyle:

Scarborough has a population of approximately 17,605 residents. The suburb offers a variety of amenities, including the popular Scarborough Beach precinct, which features a range of shops, restaurants, and recreational facilities. Additionally, there are several parks and reserves, such as Abbett Park, providing sporting facilities for football, squash, lawn bowls, tennis, and cricket.

Investment Insights:

Scarborough’s substantial property value growth, coupled with its desirable coastal location and vibrant community, positions it as an attractive prospect for property investors. The strong rental yields and low average days on market further underscore its investment potential.