Suburb Profile Report for Black Forest SA (5035)

Black Forest House: Median price $726,000, Annual capital growth 6.57%, Number of sales 19, Weekly median advertised rent $470

Black Forest Unit: Median price $313,750, Annual capital growth 4.85%, Number of sales 16, Weekly median advertised rent $285

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Black Forest has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 10.24%

When looking at the potential capital gains offered to property investors over the last 3 years, Black Forest comes in at number 199th in SA.

Advertised rents are around the $470 mark per week – giving a return of 3.37% based on the median price in Suburb

With a capital gain of -3.61% for the last 12 months, Black Forest, 5035 has performed for property investments than its average annual 4.85% property growth over the last 5 years.

Across a shorter period, Black Forest, 5035 has seen a median price increase of 2.87% over the last quarter.

Sellers are offering property buyers an average discount of -5.77% to buyers in Black Forest at the moment, which is less than average for the rest of SA.

Metrics i HOUSE UNIT
$726,000 $313,750
3.71% 2.87%
10.24% -3.61%
6.57% 4.85%
$470 $285
19 16
3.37% 4.72%
N/A 39.57

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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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