At number 1259th in the list of Australian suburbs ordered by increase in median house value over the last year, Black Forest, 5035 is in the top 40% with a property value increase of 11.15% recorded in median house prices.
Comparing Black Forest,5035 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Black Forest, 5035’s gross rental yield is 3.27%
Property value increases in Black Forest have tracked just lower than the SA average of 3.97% over the last 12 months.
While Black Forest,5035 ranked number 55th in SA for increase in median house value (annualised) increase, it is ranked 108th over the last 5 years.
Our latest figures would indicate that property sellers in Black Forest are currently offering property investors an average price cut of -6.30% below the asking price at the moment.