Scarborough suburb profile
Scarborough is a picturesque coastal suburb located on the Redcliffe Peninsula, approximately 30km north of Brisbane. Known for its stunning beaches, vibrant marina, and relaxed seaside atmosphere, Scarborough is a popular destination for both residents and visitors. The suburb offers a mix of modern apartments and charming Queenslander homes, catering to diverse lifestyles. Scarborough's waterfront is lined with cafes, restaurants, and parks, providing ample opportunities for leisure and recreation. With its scenic beauty, community spirit, and proximity to essential amenities, Scarborough is a sought-after locale for those seeking a coastal lifestyle.
Scarborough property market performance
Scarborough's property market has shown robust performance over the past 12 months, with house values increasing by 6% and unit values surging by 18%. The median house price has averaged $1.09 million, while units have reached $869,000, indicating strong demand, particularly in the unit sector.
Sales activity has been active, with 45 houses and 18 units sold in the past 12 months. Properties are moving quickly, with houses spending a median of 34 days on the market and units just 31 days, reflecting a competitive market environment.
The rental market in Scarborough has also experienced significant growth, with house rents increasing by 8.3% and unit rents by an impressive 21.2% over the last 12 months, highlighting a strong demand for rental properties in the area.
Median price - houses$1.20MPast 3 months
Median price - units$910KPast 3 months
Change in value - houses6.8%12 months
Change in value - units19.8%12 months
Houses sold41Past 3 months
Units sold14Past 3 months
Median DOM - houses32.5Past 12 months
Median DOM - units28Past 12 months
Average rent - houses$650Past 12 months
Average rent - units$630Past 12 months
Change in rent - houses8.3%Past 12 months
Change in rent - units21.2%Past 12 months
Scarborough demographics
Scarborough, located on the Redcliffe Peninsula in Queensland, is a picturesque coastal suburb known for its serene beaches and relaxed lifestyle. With a median age of 53, it is a popular destination for retirees and those seeking a quieter pace of life. The suburb's charm lies in its blend of natural beauty and community-oriented living, making it an attractive place for families and older residents alike.
The housing landscape in Scarborough is characterized by a significant proportion of properties owned outright, accounting for 40.3% of the suburb's dwellings. This high rate of outright ownership reflects the stability and long-term residency of its population. Additionally, 28.4% of properties are owned with a mortgage, while 31.3% are rented, indicating a balanced mix of ownership and rental opportunities for those looking to settle in the area.
Family dynamics in Scarborough are diverse, with couple families without children making up 52.3% of the family households, followed by couple families with children at 30.1%. One-parent families constitute 16.3%, adding to the suburb's varied community fabric. The median total household income of $1336 per week suggests a comfortable living standard, supported by the suburb's amenities and proximity to the vibrant Redcliffe area. Scarborough's appeal lies in its tranquil environment, community spirit, and the scenic beauty of Moreton Bay, making it a desirable location for those seeking a coastal lifestyle.
Scarborough infrastructure, key developments and investment opportunities
Scarborough is experiencing several developments that could impact its property market. The ongoing redevelopment of Scarborough Beach Park, set to conclude in late 2025, aims to enhance recreational facilities and beachfront amenities, potentially boosting the area's appeal to residents and visitors alike. Additionally, the planned expansion of the Scarborough Marina is expected to increase berth capacity and improve waterfront infrastructure, which may attract more boating enthusiasts to the area.
The suburb is also benefiting from improved transport links, with recent upgrades to bus services connecting Scarborough to neighboring areas and Brisbane CBD. These enhancements, coupled with Scarborough's established reputation as a picturesque coastal suburb with quality schools and a relaxed lifestyle, are likely to maintain strong interest in local properties. The combination of infrastructure improvements and Scarborough's natural coastal charm positions it as an increasingly desirable location for both families and retirees seeking a seaside lifestyle within reach of Brisbane.
Scarborough rental market trends
The rental market in Scarborough has experienced notable growth, with house rents increasing by 8.3% over the past year to $650 per week, while unit rents have surged 21.2% to $630 per week. This coastal suburb's appeal continues to rise, attracting both renters and investors seeking a vibrant lifestyle and promising returns.
Suburbs near Scarborough
Some popular suburbs near Scarborough include: