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Investment Property Black Hill, VIC, 3350

Suburb Snapshot

Black Hill is a suburb in the Ballarat Region of Victoria. Black Hill has a population of 2,126 people and 31.77% of its occupants live in rental accommodation. The median listing price for houses is $599,000 and this has changed 6.96% over the past year and changed 0.00% over 2 years.

The median rent in Black Hill for houses is $380 per week and the median rental yield is 3.29%. Stock on the market for houses/townhouses has changed -10.00% compared to last year and the average time to sell a house/townhouse is 125 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Black Hill is $310 per week, producing a rental yield of NA.

Supply & Demand in Black Hill, Ballarat

0.78%

Current vacancy rate


8

Rental stock available


2,126

Population


31.77%

Rental population


0.92%

Current vacancy rate


515

Rental stock available


101,686

Population


27.33%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Black Hill, Ballarat

  House Townhouses Units
Median listing price $599,000 NA NA
Median price change - last quarter 5.08% NA NA
Median price change - 1 year 6.96% NA NA
Median price change - 2 years 0.00% NA NA
  House Townhouses Units
Median weekly rent $380 NA $310
Median yield % 3.29% NA NA
Median rent change - 1 year 0.00% NA 5.08%
  House Units
Previous month sales 3 3
Stock on market previous month 18 3
Stock variance vs. last year -10.00% -25.00%
Average days on market 125 NA

Black Hill investment property listings

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