Black Hill has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 13.92% to date .
Over the longer term, Black Hill has seen property prices show investors a 46.86% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Black Hill are currently offering property investors an average price cut of -5.45% below the asking price at the moment.
In the last year 37 properties changed hands in Black Hill, which puts it as the 469th most active market in VIC when comparing the number of sales per suburb.