Blacks Beach has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -16.91% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Blacks Beach has fallen somewhat when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Blacks Beach is offering property investors an average of -7.32. This rate of discount on properties puts Suburb at number 55th in terms of most discounted suburbs in QLD
With the median price for a house in Blacks Beach being $346500 and the advertised rent reaching $330 the gross rental yield for property investors calculates out to be 4.95%