Property investors who have had real estate in Blacks Beach, 4740 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -0.14%
The five-year average increase in median property values for Blacks Beach,4740 has given property investors a potential capital gain of -29.10% across each of those five years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.21% offered to property buyers. Sellers in Blacks Beach itself are offering an average vendor discount of -12.26% to real estate investors.
With the median price for a house in Blacks Beach being $354500 and the advertised rent reaching $330 the gross rental yield for property investors calculates out to be 4.84%