Blackstone is in the bottom 30% in QLD when comparing median price capital growth over the last year. Blackstone gave property investors a disappointing capital gain figure when compared to the rest of the state, with -3.21%.
Taking the average capital gain, or increase in median house value, Blackstone,4304 has racked up an average of -3.21% over the period. This ranks it number 3531th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Blackstone 4304 should be seeing an average reduction in asking price of around -9.88% . This means that Blackstone is holding prices well when compared to other suburbs in QLD.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 5.07%, investors should hope to achieve an overall return of 5.64%