Black Hill VIC Property Investment

Ballarat · 3350

Median House Price
$570K
Rental Yield
3.2%
Vacancy Rate
2.7%
Median Weekly Rent
$420/wk
Median Unit Price
$485K
Population
2,124
Days on Market
22 days
Annual Growth
12.4%

Black Hill Short-Term Rental (Airbnb) Market

Avg Nightly Rate
$404.38/night
Occupancy Rate
48%
Est. Annual Revenue
$71K

Macro Environment

Macro Indicators

Cash Rate

4.35%

0.25%

Cash rate as at 2026-05-06 · Credit data 2026-03

Suburb Supply & Demand

Suburb Supply Pipeline — New Dwelling Approvals

1,224

2020

2,123

2021

1,748

2022

1,411

2023

691

2025

New dwelling approvals — higher numbers mean more future supply

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 3350

Most disadvantagedLeast disadvantaged

Decile 6 of 10 — Average

Population

66,022

Education (IEO)

7/10

Econ. Resources (IER)

4/10

10-Year Investment Projection

Modelled on Black Hill VIC data — rent, capital growth, tax, and depreciation over 10 years.

Pre-filled: $420/wk median rent for Black Hill. Capital growth and rent increase are editable assumptions.

Schools

In your catchment

Black Hill Primary School
PrimaryGovernment
6.8/10
Woodmans Hill Secondary College
SecondaryGovernment
5.5/10

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.

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Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.

Black Hill VIC Property Market — Median, Growth, Yield · Estait | Estait