Black Rock, 3193 ranked 499th in VIC when comparing growth in median property values or capital gain over the last 12 months. Black Rock is one of 2098 in our list for VIC
Across a shorter period, Black Rock, 3193 has seen a median price increase of -1.32% over the last quarter.
The most recent median price for Black Rock is $1865000, with sellers offering an average of -4.58% off the asking price.
Black Rock is 440th on a list of best yielding suburbs for rents in VIC with a 2.50% return
Black Rock is an average performer in VIC when comparing median price capital growth over the last year. Black Rock gave property investors a average capital gain figure when compared to the rest of the state, with 5.29%.
A 46.72% growth in median value for property investors in Black Rock,3193 puts this suburb at number 264th in terms of best performing suburbs in VIC
Vendor discounting in Black Rock is giving property investors an average Vendor Discount of around -2.51%. This puts suburb at number 295th in VIC when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Black Rock the average time real estate has been on the market is 61.6 days.
Using the current median advertised rental of $500 and the average annual increase in value of a median property of 4.19%, investors should hope to achieve an overall return of 2.91%