Investment property in Blacks Beach has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -0.14%
Blacks Beach,4740 was ranked 2580 in Australia by increase in median property value over the quarter.
Property buyers and investors in Blacks Beach 4740 should be seeing an average reduction in asking price of around -12.40% . This means that Blacks Beach is holding prices well when compared to other suburbs in QLD.
Often selling an investment property can take time, and in Blacks Beach the average time real estate has been on the market is 116.03 days.
A $330 per week rent on the median house gives suburb investors a gross yield of circa 4.84%, without taking into account capital value appreciation, which has been averaging out at -2.27%.