Black Forest, 5035 ranked 25th in SA when comparing growth in median property values or capital gain over the last 12 months. Black Forest is one of 853 in our list for SA
While Black Forest,5035 ranked number 18th in SA for increase in median house value (annualised) increase, it is ranked 16th over the last 5 years.
With the median price for a house in Black Forest being $785000 and the advertised rent reaching $452.5 the gross rental yield for property investors calculates out to be 3.00%
Investment property in Black Forest has done 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 -7.38%
The five-year average increase in median property values for Black Forest,5035 has given property investors a potential capital gain of 3.97% across each of those five years.
Sellers are offering property buyers an average discount of -5.76% to buyers in Black Forest at the moment, which is less than average for the rest of SA.
Black Forest, 5035’s gross rental yield is 4.92%