Scarborough QLD 4020: Property Market Report & Real Estate Insights

Part of Moreton Bay, QLD

Scarborough Real Estate Market Outlook

Thinking about buying in Scarborough? Now could not be a better time, with 5575 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $951,000 with prices in this suburb ranging from $188,000 to $7,567,000. Scarborough is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Living in Scarborough

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Scarborough are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Scarborough provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Scarborough to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

Scarborough, located in the Moreton Bay region of Queensland, has become an increasingly attractive suburb for homebuyers and investors. The housing market in Scarborough has seen steady growth over recent years, marked by rising property values and a high demand for both rental and owner-occupied homes. This seaside suburb, bordered by stunning ocean vistas and lush green parks, offers a mix of old-style Queenslander houses and modern apartments, catering to a diverse range of preferences. The appeal of Scarborough is enhanced by its proximity to essential amenities, including schools, shopping centers, and healthcare facilities, as well as its vibrant local community culture. As more people look to escape the hustle and bustle of Brisbane City, around 40 kilometers away, Scarborough is increasingly seen as a peaceful yet well-connected residential area.

Living in Scarborough provides a unique coastal lifestyle characterized by a relaxed atmosphere and a strong sense of community. Residents enjoy access to beautiful beaches, such as Scarborough Beach Park, which is ideal for swimming, picnicking, and enjoying the water sports that the Moreton Bay area is famous for. The suburb's esplanade is a hub for social and recreational activities, dotted with cafes, restaurants, and boutique shops that offer local and international cuisine. Scarborough is also home to a variety of cultural events and festivals, contributing to its vibrant social life. The local community is known for being friendly and welcoming, making it an excellent place for families, retirees, and young professionals alike. With its blend of natural beauty, modern conveniences, and community spirit, living in Scarborough offers the perfect balance between coastal relaxation and suburban convenience.

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