Suburb Profile Report for Black Hill VIC (3350)

Black Hill House: Median price $292,500, Annual capital growth 3.12%, Number of sales 49, Weekly median advertised rent $270

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

Source: CoreLogic

  • House Report

Giving property investors a a poor capital gain of -5.90% for the last year, Black Hill, 3350 is the 3533th highest performer in Australia in this respect.

When looking at the potential capital gains offered to property investors over the last 3 years, Black Hill comes in at number 531th in VIC.

Property buyers and investors in Black Hill 3350 should be seeing an average reduction in asking price of around -4.69% . This means that Black Hill is holding prices well when compared to other suburbs in VIC.

Often selling an investment property can take time, and in Black Hill the average time real estate has been on the market is 91.15 days.

Situated 100.90km from the CBD, Black Hill is one of Ballarat localities in the postcode 3350.

HOUSE UNIT
$292,500 N/A
0.00% N/A
-5.90% N/A
3.12% N/A
$270 N/A
49 N/A
4.80% N/A
91.15 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (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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Recent sales & rentals