It's In The Zone!!!!
Scarborough's ''mixed use'' precinct guarantees an exciting future for this 554m2 development site, currently occupied by a very livable/lettable 3BR home presented in comfortable original order throughout and well advantaged by excellent rear access off Sunstone Lane.
Long term owner has made definite plans to sell.
The size of Scarborough is approximately 4.9 square kilometres. It has 17 parks covering nearly 14.9% of total area. The population of Scarborough in 2011 was 14,271 people. By 2016 the population was 15,460 showing a population growth of 8.3% in the area during that time. The predominant age group in Scarborough is 30-39 years. Households in Scarborough are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Scarborough work in a professional occupation. In 2011, 54.5% of the homes in Scarborough were owner-occupied compared with 56.4% in 2016.
Scarborough has 11,131 properties. Over the last 5 years, Houses in Scarborough have seen a 78.97% increase in median value, while Units have seen a 72.96% increase. As at 30 September 2024:
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