Black Rock is in the bottom 20% in VIC when comparing median price capital growth over the last year. Black Rock gave property investors a dismal capital gain figure when compared to the rest of the state, with -2.81%.
Black Rock,3193 has offered an average of -2.81% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Black Rock is offering property investors an average of -5.99. This rate of discount on properties puts Suburb at number 278th in terms of most discounted suburbs in VIC
In the last year 72 properties changed hands in Black Rock, which puts it as the 336th most active market in VIC when comparing the number of sales per suburb.
Black Rock, 3193’s gross rental yield is 3.33%
Black Rock is in the bottom 40% in VIC when comparing median price capital growth over the last year. Black Rock gave property investors a disappointing capital gain figure when compared to the rest of the state, with 2.57%.
When looking at the potential capital gains offered to property investors over the last 3 years, Black Rock comes in at number 78th in VIC.
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 Rock, 3193. Typically our figures indicate that -1.60% is being offered, which puts this VIC suburb at 1429th most discounted overall in Australia.