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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 $2,300,000 and this has changed -2.13% over the past year and changed 0.00% over 2 years.

The median rent in Black Rock for houses is $1,250 per week and the median rental yield is 2.82%. Stock on the market for houses/townhouses has changed -15.38% compared to last year and the average time to sell a house/townhouse is 84 days.The median listing price for units is $835,000 and this has changed -7.23% over the past year. The average unit takes 75 days to sell and the median rent for a unit in Black Rock is $600 per week, producing a rental yield of 3.73%.

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


385

Rental stock available


97,092

Population


20.32%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Black Rock, Bayside

  House Townhouses Units
Median listing price $2,300,000 $1,735,000 $835,000
Median price change - last quarter -1.48% 0.42% -3.53%
Median price change - 1 year -2.13% 5.15% -7.23%
Median price change - 2 years 0.00% 15.66% -1.77%
  House Townhouses Units
Median weekly rent $1,250 $995 $600
Median yield % 2.82% 2.98% 3.73%
Median rent change - 1 year 13.63% 6.98% 0.00%
  House Units
Previous month sales 5 0
Stock on market previous month 22 7
Stock variance vs. last year -15.38% 40.00%
Average days on market 84 75

Black Rock investment property listings

Showing 1 of 1 investment properties found in Black Rock on realestateinvestar.com.au

59a Arkaringa Cres, BLACK ROCK

$3,050,000

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VIC 3193


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