Suburb Profile Report for Black Forest SA (5035)

Black Forest House: Median price $656,050, Annual capital growth 4.72%, Number of sales 23, Weekly median advertised rent $483

Black Forest Unit: Median price $315,000, Annual capital growth 5.40%, Number of sales 17, Weekly median advertised rent $280

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Black Forest have tracked just lower than the SA average of 3.22% over the last 12 months.

Black Forest,5035 was ranked 2725 in Australia by increase in median property value over the quarter.

Advertised rents are around the $482.5 mark per week – giving a return of 3.82% based on the median price in Suburb

SA has seen average median house prices change by 4.44% which means that Black Forest, 5035 has done well for property investors by showing a capital gain of 10.53% over the last year

If we look at median property appreciation over just the last three months, Black Forest has given property investors a paper return of -3.08%. This puts Suburb as 146 on a list of fastest fasting appreciating suburbs in SA

Black Forest, 5035 is offering SA ‘s 71th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this SA.

On average over the past year, suburb has had 1.42 sales per month, which equates to 17 per year.

Situated 3.81km from the CBD, Black Forest is one of Unley localities in the postcode 5035.

HOUSE UNIT
$656,050 $315,000
-0.38% -3.08%
-1.58% 10.53%
4.72% 5.40%
$483 $280
23 17
3.82% 4.62%
N/A 91.06

Source: CoreLogic

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