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Black Hill
AREA REPORTS

Black Hill

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

house

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).

Data report can be found below

Black Hill
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $485,000 N/A
GROWTH REPORT
Median Quarterly 15.48% N/A
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
demographics (median values)*
Total Population
59145
Weekly Household Income
1238
Household Size
2.40
Age
37
Monthly Loan Repayment
1408
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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