TAS/
Blackmans bay

Suburb Profile

Blackmans Bay - FREE SUBURB PROFILE REPORT
POSTAL CODE: TAS,7052

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unit
BLACKMANS BAY ranks 99th in TAS when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 7.78% for the past year is higher than average compared to its 24.36% growth within a five-year period.

Also in BLACKMANS BAY, the median home price is sitting at $485,000, and the average rent at $420, this suggests property owners could potentially earn a 4.5% increase in gross rental yield.

Property investors have seen a 6.7% gain in BLACKMANS BAY based on an increase 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 2.76% growth over a ten-year period. It ranks 2770th on our list of suburbs that property investors should look into.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $485,000 $335,000
GROWTH REPORT
Median Quarterly 6.7% 1.52%
Median 12 month 7.78% -0.74%
Median 3 years 19.02% 4.69%
Median 5 years 24.36% 35.35%
10 years average annual 2.76% 3.86%
Weekly media advert. rent $420 $322.5
Time on Market 47.7 days 55.8 days
Gross Rental Yield Percent 4.5% 5.01%
demographics (median values)
Total Population
6342
Weekly Household Income
1083
Household Size
2.70
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