Suburb Profile Report for Black Forest SA (5035)

Black Forest House: Median price $658,550, Annual capital growth 5.64%, Number of sales 21, Weekly median advertised rent $480

Black Forest Unit: Median price $325,000, Annual capital growth 6.40%, Number of sales 17, Weekly median advertised rent $283

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Black Forest, 5035 should be ok with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 2.90%

Over the longer term, Black Forest has seen property prices show investors a 2.10% return over the last 3 years. This is an improvement over the last 12 months

Investment property in Black Forest has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 16.07%

Black Forest,5035 was ranked 926 in Australia by increase in median property value over the quarter.

The most recent median price for Black Forest is $325000, with sellers offering an average of -4.29% off the asking price.

Residents and property investors in Black Forest have been waiting around 67.8 days to sell a property.

The SA suburb of Black Forest, 5035 is in the Unley local government area.

HOUSE UNIT
$658,550 $325,000
N/A -0.15%
2.90% 16.07%
5.64% 6.40%
$480 $283
21 17
3.79% 4.52%
N/A 67.8

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 1998
Median household income ($/weekly) 1199
Median age of persons 37
Median housing loan repayment ($/monthly) 1797
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 203 10.2
    25-34 years 293 14.7
    35-44 years 317 15.9
    45-54 years 273 13.7
    55-64 years 249 12.5
    Others 664 33.2
    Age Group
    Census Count Percent(%)
    Not Married 714 45.9
    Registered Married 687 44.2
    Defacto Relationship 155 10.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1473 76.6
    Croatia 48 2.5
    Indonesia 45 2.3
    United Kingdom 78 4.1
    Other 90 4.7
    Others 188 9.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 31 1.7
    Christianity 1048 57.5
    Hinduism 35 1.9
    Islam 42 2.3
    No Religion 640 35.1
    Others 28 1.5
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 77 10.2
    $1,000-$1,249 79 10.4
    $1,500-$1,999 96 12.7
    $2,000-$2,499 72 9.5
    $2,500-$2,999 69 9.1
    Others 365 48.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 637 39.4
    Not in the labour force 498 30.8
    Employed, worked part-time 370 22.9
    Unemployed, looking for work 57 3.5
    Employed, away from work 55 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 133 12.5
    Professionals 321 30.2
    Technicians & trades workers 117 11.0
    Community & personal service workers 104 9.8
    Clerical & administrative workers 166 15.6
    Others 223 21.0
    Occupation
    Census Count Percent(%)
    Pre-school 33 6.2
    Infants/Primary 153 28.9
    Secondary 95 18.0
    Technical or Further Educational Institution 43 8.1
    University or other Tertiary Institutions 187 35.3
    Others 18 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1321 69.3
    Semi-detached, row or terrace house, townhouse 341 17.9
    Flat, unit or apartment 245 12.8
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 299 36.9
    Fully owned 254 31.4
    Being purchased 251 31.0
    Other tenure type 6 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals