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Investment Property Scarness, QLD, 4655

Suburb Snapshot

Scarness is a suburb in the Fraser Coast Region of Queensland. Scarness has a population of 3,517 people and 35.33% of its occupants live in rental accommodation. The median listing price for houses is $630,000 and this has changed 14.54% over the past year and changed 21.15% over 2 years.

The median rent in Scarness for houses is $520 per week and the median rental yield is 4.29%. Stock on the market for houses/townhouses has changed -3.85% compared to last year and the average time to sell a house/townhouse is 123 days.The median listing price for units is $572,500 and this has changed 20.52% over the past year. The average unit takes 49 days to sell and the median rent for a unit in Scarness is $400 per week, producing a rental yield of 3.63%.

Supply & Demand in Scarness, Fraser Coast

1.01%

Current vacancy rate


24

Rental stock available


3,517

Population


35.33%

Rental population


0.60%

Current vacancy rate


352

Rental stock available


101,501

Population


24.30%

Rental population


0.87%

Current vacancy rate


20,766

Rental stock available


4,703,187

Population


29.39%

Rental population


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Statistical data for Scarness, Fraser Coast

  House Townhouses Units
Median listing price $630,000 $494,500 $572,500
Median price change - last quarter 4.34% -0.21% 2.23%
Median price change - 1 year 14.54% 3.02% 20.52%
Median price change - 2 years 21.15% 3.23% 21.80%
  House Townhouses Units
Median weekly rent $520 $430 $400
Median yield % 4.29% 4.52% 3.63%
Median rent change - 1 year 13.04% -4.45% 14.28%
  House Units
Previous month sales 7 1
Stock on market previous month 25 7
Stock variance vs. last year -3.85% -12.50%
Average days on market 123 49

Scarness investment property listings

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