With a capital gain of 12.50% for the last 12 months, Black Hill, 3350 has performed for property investments than its average annual 7.05% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Black Hill comes in at number 193th in VIC.
Property buyers and investors in Black Hill 3350 should be seeing an average reduction in asking price of around -5.33% . This means that Black Hill is holding prices well when compared to other suburbs in VIC.
In the last year 40 properties changed hands in Black Hill, which puts it as the 468th most active market in VIC when comparing the number of sales per suburb.
With the median price for a house in Black Hill being $411750 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 3.79%