20 Perth Suburbs That Have Already Surpassed Expert Predictions
The REIWA’s earlier forecasts for Perth’s property market are on track to be exceeded, with 20 suburbs recording bet...
A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 6.11% growth over a ten-year period. It ranks 837th on our list of suburbs that property investors should look into.
BLACK HILL, 3350 has a capital gain of -0.51% for the past year, which is lower than average compared to its 63.58% growth within a five-year period.
With the median home price in BLACK HILL sitting at $485,000, and the average rent at $320, property owners could potentially earn a 3.43% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in BLACK HILL are high, as opposed to average gains per annum over the past five years.
BLACK HILL, 3350 in VIC belongs to the local government area of Ballarat (C).
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-0.51%||N/A|
|Median 3 years||31.08%||N/A|
|Median 5 years||63.58%||N/A|
|10 years average annual||6.11%||N/A|
|Weekly media advert. rent||$320||N/A|
|Time on Market||48.0 days||N/A|
|Gross Rental Yield Percent||3.43%||N/A|