Investment property in Black Rock has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -11.00%
While Black Rock,3193 ranked number 197th in VIC for increase in median house value (annualised) increase, it is ranked 411th over the last 5 years.
Black Rock, 3193 is offering VIC ‘s 131th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this VIC.
With the median price for a house in Black Rock being $1780000 and the advertised rent reaching $895 the gross rental yield for property investors calculates out to be 2.61%
If you compare the increase in value of investment property in Black Rock, 3193 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this VIC suburb was -1.68%.
Across a shorter period, Black Rock, 3193 has seen a median price increase of -28.31% over the last quarter.
With the median price for a house in Black Rock being $880000 and the advertised rent reaching $540 the gross rental yield for property investors calculates out to be 3.19%