BLACK HEAD ranks 1221st in NSW when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 7.18% for the past year is higher than average compared to its 15.82% growth within a five-year period.
This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.
Property investors have seen a -2.99% drop in BLACK HEAD based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 2.29% growth over a ten-year period. It ranks 2857th on our list of suburbs that property investors should look into.
BLACK HEAD, 2430 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $370,000.
Home owners selling their properties and realtors in BLACK HEAD usually have to wait an average of 0.0 days days before their assets are lifted off the market.
BLACK HEAD ranks 591st on the list of best yielding suburbs for rental properties in NSW, posting a 0% return.