Black Hill is in the TOP 30% in VIC when comparing median price capital growth over the last year. Black Hill gave property investors a good capital gain figure when compared to the rest of the state, with 17.70%.
The five-year average increase in median property values for Black Hill,3350 has given property investors a potential capital gain of 20.18% across each of those five years.
Black Hill3350 is located in VIC which offers an average discount of -5.41% to property investors. Black Hill itself is showing figures that indicate -7.59% is the average achievable by property buyers investing in the suburb.
Residents and property investors in Black Hill have been waiting around 55.64 days to sell a property.
A $292.5 per week rent on the median house gives suburb investors a gross yield of circa 4.44%, without taking into account capital value appreciation, which has been averaging out at 5.52%.
In the last year 12 properties changed hands in Black Hill, which puts it as the 366th most active market in VIC when comparing the number of sales per suburb.