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Blacks Beach
AREA REPORTS

Blacks Beach

Blacks Beach - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4740

house
unit

Property investments in BLACKS BEACH fare well against the rest of the country last year, registering a median home price increase of 11.7%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains BLACKS BEACH, 4740 saw average growth in the long term.

Real estate investors could earn a rental income of $400 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 45.9 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $377,000.

BLACKS BEACH ranks 195th on the list of best yielding suburbs for rental properties in QLD, posting a 5.52% return.

Data report can be found below

Blacks Beach
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $377,000 $205,000
GROWTH REPORT
Median Quarterly 0.53% 17.48%
Median 12 month 11.7% N/A
Median 3 years 19.68% N/A
Median 5 years 4.87% N/A
10 years average annual -1.72% -2.62%
Weekly media advert. rent $400 $330
Time on Market 45.9 days 0.0 days
Gross Rental Yield Percent 5.52% 8.37%
demographics (median values)
Total Population
1488
Weekly Household Income
1593
Household Size
3.00
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