Suburb Profile Report for Black Hill VIC (3350)

Black Hill House: Median price $365,000, Annual capital growth 5.49%, Number of sales 61, Weekly median advertised rent $295

Black Hill Unit: Median price $288,500, Annual capital growth N/A, Number of sales 12, Weekly median advertised rent $265

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 237th in the list of Australian suburbs ordered by increase in median house value over the last year, Black Hill, 3350 is in the top 10% with a property value increase of 24.79% recorded in median house prices.

While Black Hill,3350 ranked number 104th in VIC for increase in median house value (annualised) increase, it is ranked 412th over the last 5 years.

Sellers are offering property buyers an average discount of -7.12% to buyers in Black Hill at the moment, which is less than average for the rest of VIC.

Renters in Suburb are facing rents around $3540 per annum or $295 every week.

Renters in Suburb are facing rents around $3180 per annum or $265 every week.

Metrics i HOUSE UNIT
$365,000 $288,500
5.80% 1.23%
24.79% N/A
5.49% N/A
$295 $265
61 12
4.20% 4.78%
47.65 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 2131
Median household income ($/weekly) 1009
Median age of persons 39
Median housing loan repayment ($/monthly) 1349
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 275 12.9
    25-34 years 298 14.0
    35-44 years 268 12.6
    45-54 years 306 14.4
    55-64 years 250 11.7
    Others 734 34.4
    Age Group
    Census Count Percent(%)
    Not Married 664 44.8
    Registered Married 631 42.5
    Defacto Relationship 188 12.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 1826 90.4
    Croatia 14 0.7
    Indonesia 15 0.7
    United Kingdom 69 3.4
    Other 18 0.9
    Others 79 3.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 7 0.4
    Christianity 1231 65.2
    Hinduism 10 0.5
    Other Religious Groups 16 0.8
    No Religion 613 32.5
    Others 11 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 108 14.4
    $600-$799 84 11.2
    $800-$999 77 10.3
    $1,000-$1,249 82 10.9
    $1,500-$1,999 82 10.9
    Others 317 42.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 588 36.3
    Employed, worked full-time 575 35.5
    Employed, worked part-time 331 20.4
    Unemployed, looking for work 75 4.6
    Employed, away from work 52 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 107 11.1
    Professionals 240 25.0
    Technicians & trades workers 126 13.1
    Community & personal service workers 107 11.1
    Clerical & administrative workers 139 14.5
    Others 241 25.1
    Occupation
    Census Count Percent(%)
    Pre-school 33 6.5
    Infants/Primary 183 36.3
    Secondary 140 27.8
    Technical or Further Educational Institution 27 5.4
    University or other Tertiary Institutions 105 20.8
    Others 16 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1633 85.4
    Flat, unit or apartment 163 8.5
    Semi-detached, row or terrace house, townhouse 116 6.1
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 281 35.2
    Being purchased 261 32.7
    Fully owned 253 31.7
    Other tenure type 4 0.5
    Tenure Type
Census 2011, ABS
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