Black Hill has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 9.91% to date .
Black Hill,3350 has offered an average of 9.91% return per annum in house price rises to property investors over the last three years.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.61% offered to property buyers. Sellers in Black Hill itself are offering an average vendor discount of -4.27% to real estate investors.
In the last year 41 properties changed hands in Black Hill, which puts it as the 462th most active market in VIC when comparing the number of sales per suburb.
Black Hill, 3350’s gross rental yield is 3.85%