BLACK HILL 3350
State: VICPosiProp AI Investment Summary
BLACK HILL (VIC 3350) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.8% and has experienced a 12-month capital growth of Down -2.9%, with a median house buy price of $578,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$515,000
$570,250
$690,000
$578,000
Suburb Market Profile
Last month Black Hill had 8 properties available for rent and 18 properties for sale. Median property prices over the last year range from $578,000 for houses to $442,500 for units. If you are looking for an investment property, consider houses in Black Hill rent out for $420 PW with an annual rental yield of 3.8% and units rent for $365 PW with a rental yield of 4.4%. Black Hill has seen an annual compound growth rate of -2.9% for houses and 22.8% for units.