Suburb Profile Report for Black Forest SA (5035)

Black Forest House: Median price $752,500, Annual capital growth 6.38%, Number of sales 15, Weekly median advertised rent $460

Black Forest Unit: Median price $322,500, Annual capital growth 4.28%, Number of sales 15, Weekly median advertised rent $285

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

Source: CoreLogic

  • House Report
  • Unit Report

Black Forest is in the TOP 20% in SA when comparing median price capital growth over the last year. Black Forest gave property investors a very good capital gain figure when compared to the rest of the state, with 15.41%.

Across a shorter period, Black Forest, 5035 has seen a median price increase of 4.51% over the last quarter.

Renters in Suburb are facing rents around $5520 per annum or $460 every week.

With a capital gain of -0.77% for the last 12 months, Black Forest, 5035 has performed for property investments than its average annual 4.28% property growth over the last 5 years.

The five-year average increase in median property values for Black Forest,5035 has given property investors a potential capital gain of 14.56% across each of those five years.

A $285 per week rent on the median house gives suburb investors a gross yield of circa 4.60%, without taking into account capital value appreciation, which has been averaging out at 4.28%.

Metrics i HOUSE UNIT
$752,500 $322,500
4.51% 6.26%
15.41% -0.77%
6.38% 4.28%
$460 $285
15 15
3.18% 4.60%
N/A N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 1998
Median household income ($/weekly) 1199
Median age of persons 37
Median housing loan repayment ($/monthly) 1797
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 203 10.2
    25-34 years 293 14.7
    35-44 years 317 15.9
    45-54 years 273 13.7
    55-64 years 249 12.5
    Others 664 33.2
    Age Group
    Census Count Percent(%)
    Not Married 714 45.9
    Registered Married 687 44.2
    Defacto Relationship 155 10.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1473 76.6
    Croatia 48 2.5
    Indonesia 45 2.3
    United Kingdom 78 4.1
    Other 90 4.7
    Others 188 9.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 31 1.7
    Christianity 1048 57.5
    Hinduism 35 1.9
    Islam 42 2.3
    No Religion 640 35.1
    Others 28 1.5
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 77 10.2
    $1,000-$1,249 79 10.4
    $1,500-$1,999 96 12.7
    $2,000-$2,499 72 9.5
    $2,500-$2,999 69 9.1
    Others 365 48.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 637 39.4
    Not in the labour force 498 30.8
    Employed, worked part-time 370 22.9
    Unemployed, looking for work 57 3.5
    Employed, away from work 55 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 133 12.5
    Professionals 321 30.2
    Technicians & trades workers 117 11.0
    Community & personal service workers 104 9.8
    Clerical & administrative workers 166 15.6
    Others 223 21.0
    Occupation
    Census Count Percent(%)
    Pre-school 33 6.2
    Infants/Primary 153 28.9
    Secondary 95 18.0
    Technical or Further Educational Institution 43 8.1
    University or other Tertiary Institutions 187 35.3
    Others 18 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1321 69.3
    Semi-detached, row or terrace house, townhouse 341 17.9
    Flat, unit or apartment 245 12.8
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 299 36.9
    Fully owned 254 31.4
    Being purchased 251 31.0
    Other tenure type 6 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals