BLACK HEAD ranks 1460th in NSW when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of -10.37% for the past year is lower than average compared to its 37.76% growth within a five-year period.
Also in BLACK HEAD, the median home price is sitting at $985,000, and the average rent at $680, this suggests property owners could potentially earn a 3.59% increase in gross rental yield.
Property investors have seen a -7.51% 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 10.32% growth over a ten-year period. It ranks 4351st 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 $575,000.
Augmented property values in BLACK HEAD are trailing behind the NSW average of 4.69% for the past year.
Real estate investors could earn a rental income of N/A based on current median home prices for the suburb.
Home owners selling their properties and realtors in BLACK HEAD usually have to wait an average of N/A days before their assets are lifted off the market.
BLACK HEAD ranks 622nd on the list of best yielding suburbs for rental properties in NSW, posting a N/A return.
BLACK HEAD, 2430 places th in Australia based on median property value growth during the quarter.