25A Turner Street, Scarborough QLD 4020
25A Turner Street, Scarborough QLD 4020
4-bed family house | 531mยฒ block | 2-car parking | 2024 sale at $1.09m
This is a competitively strong detached family house on a generous 531mยฒ block, offering four bedrooms, two bathrooms, and two car spaces. The neutral palette and covered entertaining area support indoor-outdoor living that suits family buyers seeking a coastal suburban lifestyle. The property aligns with Scarboroughโs established low-rise residential character and sits above compact entry stock, making it most attractive to owner-occupiers who value space and parking.
The March 2024 sale price of $1,090,000 reflects a significant increase from the 2020 transaction of $685,000, but the propertyโs orientation, renovation level, and school catchment remain unconfirmed. The prior rental listing at $750 per week in 2021 suggests a potential gross yield around 3.6% when calculated against the 2024 price, though this may not reflect current market conditions. A buyer should weigh these factors carefully when forming a view on value.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 25A Turner Street, Scarborough QLD 4020
Market Insight:
Scarborough offers a coastal lifestyle underpinned by strong, dual-track growth. House values have risen up to 18% in the past year, while units have surged over 20%, driven by robust sales activity. Demand is anchored by an established, older demographic and is broadening to include young professionals and downsizers seeking units. This is creating a dynamic market with houses selling in approximately 40 days and units offering higher rental yields. Future performance will hinge on maintaining this broad demand base amid sustained affordability pressures.