Black Hill Real Estate, SA, 5353, Mid Murray

Thinking about buying in Black Hill? Now could not be a better time, with just 117 residential dwellings it's a highly sought after location.

The average property price for this area is $266,000 with prices in this suburb ranging from $154,000 to $378,000.

Distance to the coast is 80 Km. Search Residz

Housing Market Outlook

In Black Hill there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Black Hill is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Black Hill leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Black Hill necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Black Hill the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

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Local Schools

(While the above schools are located with the suburb of Black Hill there may also be nearby schools whose catchments cover this suburb)

Local Crime Stats


Nearby Suburbs

WONGULLAFORSTERWALKER FLATSUNNYDALEBIG BENDCAMBRAIPUNYELROOLANGS LANDINGNILDOTTIEMARKS LANDING

Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan0.414.430.826.684.65.427.0
Feb1.214.229.131.787.35.022.0
Mar0.411.927.031.689.44.518.4
Apr0.89.523.436.590.24.013.9
May1.27.119.245.392.63.910.2
Jun1.15.016.351.795.03.88.8
Jul1.44.916.052.794.34.59.2
Aug1.24.416.645.794.04.512.0
Sept1.15.920.735.193.44.716.7
Oct0.77.723.830.190.64.721.2
Nov0.69.926.226.187.75.125.1
Dec0.912.828.826.785.05.427.5

source: Australian Government Bureau of Meteorology