All About Black River, Townsville, QLD, 4818
Black River, located in Townsville, Queensland, presents an interesting snapshot of the housing market for those considering a move to this region. Over recent years, the area has attracted homebuyers seeking a blend of suburban and rural living, which is reflected in its housing market. Properties here are generally more spacious, often featuring larger land parcels compared to inner-city options, making it appealing for families and those seeking roomier settings. The affordability of homes in Black River also adds to its allure, as prices are typically lower than those in more densely populated areas of Townsville, offering great value for investment. The market is generally characterized by steady growth, driven by the area's desirable qualities and the increasing demand for a quieter, more laid-back lifestyle just a short drive from the hustle of the city center.
Living in Black River combines the tranquility of rural life with the convenience of proximity to Townsville’s amenities. Residents enjoy the best of both worlds, with easy access to natural attractions like bushland and the Black River itself, where fishing and outdoor activities are popular. The community is tight-knit, fostering a friendly atmosphere that is particularly welcoming to families and retirees. Despite its peaceful setting, Black River is well-connected to the rest of Townsville through accessible transport links, ensuring that shopping centers, schools, and healthcare facilities are within easy reach. This harmonious balance of serene living with modern conveniences truly makes Black River a unique and appealing place to call home.
Household Makeup
| Median Weekly Rent | $350.00 |
| Median Monthly Mortgage | $1700.00 |
| Median Persons Per bed houseroom | 0.80 |
| Average Household Size | 3.00 |
| Average Age | 34.00 |
| Average Income | $1023.00 |
| Average Cars Per Dwelling | 2.39 |
| Average Properties Within 50M | 3 |
| Typical 1 bed house | $502,000 |
| Typical 2 bed house | $504,000 |
| Typical 3 bed house | $696,000 |
| Typical 4 bed house | $749,000 |
| Typical 5 bed house | $952,000 |
| Typical 6 bed+ house | $835,000 |
Housing Stock
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Black River Real Estate Market Outlook
Thinking about buying in Black River? Now could not be a better time, with 723 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $659,000 with prices in this suburb ranging from $212,000 to $2,649,000. Black River is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
In Black River 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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Black River due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Black River 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. Lower than average population density constrains growth in Black River to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Instant Property ValuationHouses for sale Black River
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550 Mawbanna Road, Black River, TAS, 7321 |  |
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Expressions of Interest by 9th December 2022 |
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Black River there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Black River weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.4 | 11.0 | 22.1 | 51.4 | 89.7 | 6.1 | 24.5 |
| Feb | 1.4 | 11.5 | 22.1 | 54.1 | 89.8 | 6.0 | 20.3 |
| Mar | 2.2 | 10.1 | 20.4 | 58.5 | 92.1 | 5.4 | 14.9 |
| Apr | 2.1 | 7.9 | 18.0 | 66.6 | 96.8 | 4.8 | 10.5 |
| May | 3.5 | 6.5 | 15.4 | 71.0 | 97.1 | 4.9 | 6.9 |
| Jun | 3.0 | 4.8 | 13.9 | 73.3 | 97.4 | 4.3 | 6.0 |
| Jul | 4.4 | 5.1 | 13.2 | 72.1 | 96.6 | 5.2 | 6.1 |
| Aug | 4.1 | 4.8 | 13.5 | 68.4 | 96.7 | 5.4 | 9.1 |
| Sept | 2.9 | 6.0 | 15.0 | 65.9 | 97.1 | 5.7 | 13.2 |
| Oct | 2.1 | 6.8 | 16.6 | 60.9 | 95.9 | 5.8 | 18.8 |
| Nov | 2.2 | 8.5 | 18.2 | 59.3 | 95.0 | 6 | 21.9 |
| Dec | 1.8 | 9.8 | 20.1 | 54.5 | 91.1 | 6.2 | 24.7 |
source: Australian Government Bureau of Meteorology
Nearby Suburbs
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