331 Scarborough Rd, Scarborough is a 6 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1965. The property has a land size of 1012m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
BLOCK OF FLATS (3 x 2 BEDROOM) on 1012m2 WALKING DISTANCE TO THE BEACH !
• Great investment with holding income and potential to subdivide the block (Subject to council approval)
• A 506m2 parcel of land recently sold one street away for $700,000.
BE QUICK AS THIS IS A RARE OPPORTUNITY!!
With the market on the move, you will need to act quickly to secure this wonderful opportunity near all conveniences and in a sought after area.
Robert makes buying real estate easy and stress free, so call Robert today on 0432 444 333
Disclaimer: Whilst every effort has been made to ensure the accuracy of the particulars provided above, no warranty is given by the vendor or Russell Real Estate as to their accuracy. Interested purchasers should not rely solely on these particulars but rather should instead conduct their own enquiries and seek their own independent advice.
The size of Scarborough is approximately 3.3 square kilometres. There are 8 parks, covering nearly 6.2% of the total area. The population of Scarborough in 2016 was 8705 people. By 2021 the population was 9178 showing a population growth of 5.4% in the area during that time. The predominant age group in Scarborough is 60-69 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 2021, 64.80% of the homes in Scarborough were owner-occupied compared with 60.00% in 2016.
Scarborough has 5,070 properties. Over the last 5 years, Houses in Scarborough have seen a 90.34% increase in median value, while Units have seen a 94.77% increase. As at 30 June 2026:
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