AREA REPORTS

Black Hill

Suburb Profile

Black Hill - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3350

house
unit

Property investors enjoyed capital gains of 7.82% over the last 12 months in BLACK HILL, translating to lower returns compared with its peers in VIC.

A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 6.21% growth over a ten-year period. It ranks 1248th on our list of suburbs that property investors should look into.

BLACK HILL, 3350 has a capital gain of 7.82% for the past year, which is lower than average compared to its 45.15% growth within a five-year period.

With the median home price in BLACK HILL sitting at $377,379, and the average rent at $300, property owners could potentially earn a 4.13% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in BLACK HILL are low, 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.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $377,379 $238,500
GROWTH REPORT
Median Quarterly -0.16% -1.85%
Median 12 month 7.82% -16.83%
Median 3 years 21.41% 1.49%
Median 5 years 45.15% 7.43%
10 years average annual 6.21% -2.78%
Weekly media advert. rent $300 $245
Time on Market 38.8 days 101.5 days
Gross Rental Yield Percent 4.13% 5.34%
demographics (median values)
Total Population
2127
Weekly Household Income
863.6
Household Size
2.40
demographics
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