With a capital gain of 7.79% for the last 12 months, Black Forest, 5035 has performed for property investments than its average annual 6.11% property growth over the last 5 years.
Over the longer term, Black Forest has seen property prices show investors a 12.16% return over the last 3 years. This is worse than over the last 12 months
With the median price for a house in Black Forest being $715000 and the advertised rent reaching $460 the gross rental yield for property investors calculates out to be 3.35%
Black Forest, 5035 ranked 141th 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
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Black Forest, 5035. Typically our figures indicate that -6.49% is being offered, which puts this SA suburb at 366th most discounted overall in Australia.
Often selling an investment property can take time, and in Black Forest the average time real estate has been on the market is 41.46 days.
Property investors should expect to get $285 weekly from the median priced house in this suburb.