At number 3030th in the list of Australian suburbs ordered by increase in median house value over the last year, Blacks Beach, 4740 is in the BOTTOM 30% with a property value increase of -7.47% recorded in median house prices.
A -35.04% growth in median value for property investors in Blacks Beach,4740 puts this suburb at number 827th in terms of best performing suburbs in QLD
Vendor discounting in Blacks Beach is giving property investors an average Vendor Discount of around -5.32%. This puts suburb at number 543th in QLD when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Blacks Beach the average time real estate has been on the market is 58.0638 days.
A $360 per week rent on the median house gives suburb investors a gross yield of circa 6.57%, without taking into account capital value appreciation, which has been averaging out at -4.57%.