The suburb’s capital gain of 1.14% for the past year is lower than average compared to its 7.23% growth within a five-year period.
Also in BLACKMANS BAY, the median home price is sitting at $445,000, and the average rent at $405, this suggests property owners could potentially earn a 4.73% increase in gross rental yield.
Property investors have seen a 0% 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 2.45% growth over a ten-year period. It ranks 2941st on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||1.14%||-5.74%|
|Median 3 years||9.88%||4.29%|
|Median 5 years||7.23%||25.02%|
|10 years average annual||2.45%||5.05%|
|Weekly media advert. rent||$405||$320|
|Time on Market||58.7 days||56.5 days|
|Gross Rental Yield Percent||4.73%||5.07%|