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10A FORTUNE STREET, SCARBOROUGH, QLD, 4020

This property is Off Market


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  • Average property sold price $740,553

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  • Internet speed Download 1000 Mbps / Upload 400 Mbps
  • Distance to the coast 0.03 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential flood risk

About Scarborough - Newport - Moreton Island

With an average age of 49, households expect an average monthly mortgage payment of $1,962 or a weekly rent payment of $263. The average family earns a weekly income of $1,875 with a typical household size of 2.2 and a 95.24% employment rate.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Scarborough due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Scarborough classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Scarborough requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 5%)

Are people healthy?

There are a recorded 1726 asthma sufferers and 760 people living with diabetes. In addition, 899 people have a heart/vascular condition and 1261 people live with three or more chronic diseases.

A good place to invest in property?

Scarborough - Newport - Moreton Island a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Queensland State average 66 / 100

Income

36 / 100

32 / 100

Industry

41 / 100

32 / 100

Population

45 / 100

40 / 100

House Prices

66 / 100

63 / 100

Jobs

42 / 100

31 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
  • Humpybong State School

    Margate, QLD, 4019 State Prep-6

  • Redcliffe State High School

    Redcliffe, QLD, 4020 State 7-12

  • Grace Lutheran College

    Rothwell, QLD, 4022 Independent 7-12

  • Australian Trade College North Brisbane

    Scarborough, QLD, 4020 Independent 11-12

  • Southern Cross Catholic College

    Scarborough, QLD, 4020 Independent Prep-12

  • Mueller College

    Rothwell, QLD, 4022 Independent Prep-12

  • Hercules Road State School

    Kippa-Ring, QLD, 4021 State Prep-6

  • Scarborough State School

    Scarborough, QLD, 4020 State Prep-6

  • Redcliffe Special School

    Redcliffe, QLD, 4020 State 7-12

  • Kippa-Ring State School

    Kippa-Ring, QLD, 4021 State Prep-6


Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

Hey! I’m Kate.

Are you interested Off Market Properties? Residz can match you with Off Market Sellers and keep you up to date on the places most likely to list.

The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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