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.