Black Hill has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 5.56% to date .
Across a shorter period, Black Hill, 3350 has seen a median price increase of 1.10% over the last quarter.
Property investors looking for a bargain in Black Hill should be aiming for at least -4.29% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Black Hill have been waiting around 42.22 days to sell a property.
The VIC suburb of Black Hill, 3350 is in the Ballarat local government area.
Over the last year, property investments in Black Hill, 3350 have given investors a capital gain of -16.83%. This compares very badly with the 6.03% for VIC as a whole.
Black Hill, 3350 is offering VIC ‘s 54th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this VIC.
At number 1214 in a list of fastest selling suburbs, Black Hill is in the bottom 20% of suburbs in Australia with an average of days on market 101.57 for properties listed there.
Property investors should expect to get $245 weekly from the median priced house in this suburb.