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Investment Property Black Rock, VIC, 3193

Suburb Snapshot

Black Rock is a suburb in the Bayside Region of Victoria. Black Rock has a population of 6,157 people and 17.34% of its occupants live in rental accommodation. The median listing price for houses is $2,330,000 and this has changed 0.43% over the past year and changed 1.30% over 2 years.

The median rent in Black Rock for houses is $1,250 per week and the median rental yield is 2.78%. Stock on the market for houses/townhouses has changed -3.33% compared to last year and the average time to sell a house/townhouse is 84 days.The median listing price for units is $820,000 and this has changed -8.89% over the past year. The average unit takes 93 days to sell and the median rent for a unit in Black Rock is $600 per week, producing a rental yield of 3.80%.

Supply & Demand in Black Rock, Bayside

0.54%

Current vacancy rate


16

Rental stock available


6,157

Population


17.34%

Rental population


0.78%

Current vacancy rate


388

Rental stock available


97,092

Population


20.32%

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 Rock, Bayside

  House Townhouses Units
Median listing price $2,330,000 $1,790,000 $820,000
Median price change - last quarter -1.48% 0.42% -3.53%
Median price change - 1 year 0.43% 10.15% -8.89%
Median price change - 2 years 1.30% 19.33% -3.53%
  House Townhouses Units
Median weekly rent $1,250 $850 $600
Median yield % 2.78% 2.46% 3.80%
Median rent change - 1 year 11.60% -11.46% 0.00%
  House Units
Previous month sales 12 5
Stock on market previous month 29 7
Stock variance vs. last year -3.33% 16.67%
Average days on market 84 93

Black Rock investment property listings

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