Black Rock VIC 3193

Here you can find what you need to know about Black Rock, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$1.8m Median Sale Price (National Average $485k) 19th In VIC
-5.96% Median Price Change (1 yr) (National Average 4.30%) 2540th In VIC
$805pw Median Rent (National Average $395) 15th In VIC
2.3% Median Gross Yield (National Average 4.24%) 576th In VIC
Upgrade to Premium to see median values for houses split by bedrooms. Learn more
Properties sold 68
Average discounting -6.19%
Average Days on Market 62
Stock on Market 11 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
Upgrade to Premium to view Investment Strategy Scores for every available property and suburb in Australia
Upgrade to Premium to view pros & cons and Investment Strategy Scores for every available property and suburb in Australia
How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Black Rock, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Black Rock, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Black Rock, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

Upgrade to Premium to see available development permits for Black Rock, VIC.  Learn more

Property Prices in Black Rock


Loading

Latest Auction Results for Black Rock as at 16 June 2019

Property Details
Sale Price
2Bed / 1Bath / Car / Unit
$700,000
3Bed / 1Bath / 2Car / Unit
Passed In
2Bed / 1Bath / 1Car / Unit
$603,000

State Auction Clearance Rates - June 2019

Auctions Clearance rate
VIC 705 69%
ACT 35 58%
NSW 511 75%
NT 4 0%
QLD 92 33%
SA 79 55%
WA 33 33%

Local Schools


Loading

Suburb Information

Black Rock, VIC 3193

Part of: Bayside Council No data available

The size of Black Rock is approximately 3.2 square kilometres. It has 7 parks covering nearly 5.9% of total area. The population of Black Rock in 2011 was 5,944 people. By 2016 the population was 6,172 showing a population growth of 3.8% in the area during that time. The predominant age group in Black Rock is 40-49 years. Households in Black Rock are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Black Rock work in a professional occupation. In 2011, 78% of the homes in Black Rock were owner-occupied compared with 77.4% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Black Rock

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Black Rock   for Houses in last 12 months


There have been 68 Houses sold in Black Rock in the past 12 months with a median sale price of $1.8M, up -5.96% annually. It takes on average 62 days to sell with vendor discounting of -6.19%.

Streets in Black Rock


Others also viewed

Suburb Median Price Change (1 yr) Median Sale Price Median Rent Median Gross Yield
Beaumaris VIC, 3193 -3.61% $1,600,000 $840pw 2.7% View Suburb Profile
Sandringham VIC, 3191 -4.18% $1,800,000 $798pw 2.3% View Suburb Profile
East Warburton VIC, 3799 -2.09% $421,000 Unavailable Unavailable View Suburb Profile
Kingscliff NSW, 2487 16.82% $993,000 $685pw 3.6% View Suburb Profile
Hampton VIC, 3188 -11.26% $1,820,000 $850pw 2.4% View Suburb Profile
Culburra Beach NSW, 2540 -1.02% $584,000 $360pw 3.2% View Suburb Profile