108 Turner Street, Scarborough QLD 4020
108 Turner Street, Scarborough QLD 4020
3/1/1 house | beachside suburb | established streetscape | renovation potential | broad buyer appeal
A three-bedroom, one-bathroom house with a single car space is positioned as a practical entry point into Scarborough’s detached housing market. The suburb is recognised for its beachfront lifestyle and settled residential streets, and this property sits comfortably within that context. Its compact footprint is well suited to first-home buyers, small families, and investors seeking a lower-maintenance holding. The street itself contains a mix of original homes, renovated dwellings, and newer construction, so the property’s value is likely to be shaped more by its internal condition and presentation than by any uniform neighbourhood standard. For a buyer, this means the house offers a genuine chance to add value through cosmetic or structural updates, while still benefiting from a location that already attracts strong owner-occupier interest.
The final value may be influenced by the land size and exact orientation, which are not yet confirmed. A larger-than-average block or a north-facing rear could considerably lift its appeal, while a smaller site or a south-facing yard might limit the upside. The single bathroom and single car space may also narrow the buyer pool compared with renovated two-bathroom houses in the locality. Conversely, if the interior has been recently updated, the house could perform at the top of its price band. Buyers should weigh the cost of any immediate repairs against the benefit of acquiring an established house in a coastal suburb where detached supply is limited.
Detailed Independent Property Report prepared by PropCred Analyst team for 108 Turner Street, Scarborough QLD 4020
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
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Market Insight
Scarborough combines coastal amenity with a demographic anchor of 60-69 year-olds, while a 5.4% population increase and downsizer demand support both houses and units. House prices sit between $1.11 million and $1.2 million, with annual growth of 9.1-18%; units record $900,000-$985,000 medians and 13.2-33.3% growth. Sales velocity is solid: 157 houses and 100 units traded in the past year, and houses sell in 20-63 days depending on size. Gross yields are thin at 3.1-3.3% for houses and 3.7% for units, with median weekly rents of $650-$670 and $600-$620 respectively. High price points and modest yields make the market rate-sensitive, though the coastal lifestyle and steady turnover underpin near-term momentum.
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PropCred Estimated Value
Comparable Sales: 15 Turner Street (4 bed, 2 bath) sold at $530,000 in 2018 | Property Price Band: $800K–$900K | Value Drivers: land size, interior condition, orientation
Bedrooms
3
Bathroom
1
Parking
1
Land
539m²
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