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Scarsdale, VIC 3351
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$690,000
list-price estimate
Median Unit
$55,000
Gross Yield (houses)
3.0%
1yr Growth (houses)
+1.2%
market range -10.0% to +32.5%
Investment snapshot for Scarsdale
Scarsdale has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Scarsdale market and investor summary
In Scarsdale, VIC 3351, houses show a gross rental yield of 3.0%. House prices have moved +1.2% over the past year and +4.3% over three years. At 10.0% vacancy, it is a softer rental market with more choice for tenants.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.0% will not cover holding costs in the early years, so the case leans on price appreciation. Demand is softer at 10.0% vacancy, so longer gaps between tenants are more likely and worth building into the numbers. Houses also take time to sell, around 72 days on market, so plan for a slower exit if you ever need one.
Living in Scarsdale: people, income and schools
About 855 people live in Scarsdale, and the area has been growing steadily, up about 9% over five years. The median age is 39, broadly working-age, and 93% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $80,000 a year, or roughly $1,550 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (5 out of 10). Incomes have risen about 22% over five years, which tends to underpin what local buyers can pay.
There are 2 schools within about 5km, testing close to the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 855
- +9% over 5yr
- Median age
- 39 years
- Median household income
- $80,000/yr
- Households renting
- 5%
- Family households
- 79%
- Socio-economic rank
- 5/10
- ABS advantage index
- Schools within 5km
- 2
- avg ICSEA 993
- Unemployment
- 3.3%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Scarsdale
View all →Frequently asked questions about Scarsdale
What should I check before investing in Scarsdale?
Scarsdale has enough public data for first-pass screening across yield, vacancy, price and supply signals. Use the available metrics below to compare it with nearby suburbs before relying on the suburb-level view.
What are typical property prices in Scarsdale?
The median property price in Scarsdale, VIC 3351 is $55K for units.
What rental yield does Scarsdale show?
The gross rental yield in Scarsdale is 3.0% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Scarsdale?
House prices in Scarsdale are up 1.2% over the past year and up 4.3% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Scarsdale?
The current vacancy rate in Scarsdale is 10.0%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.
How many people live in Scarsdale?
Scarsdale has a population of approximately 855 residents, with a median age of 39.
What schools are near Scarsdale?
There are 2 schools within roughly 5km of Scarsdale. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Scarsdale's population growing?
The population of Scarsdale has grown about 9% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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