Black River
QLD, 4818
-
Townsville
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.
Household Makeup
| Median Weekly Rent | $350.00 |
| Median Monthly Mortgage | $1700.00 |
| Median Persons Per Bedroom | 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 |
Housing Stock
Average Property Prices
| 1 Bed $502,000 |
| 2 Bed $504,000 |
| 3 Bed $696,000 |
| 4 Bed $749,000 |
| 5 Bed $952,000 |
| 6 Bed+$835,000 |
Black River Real Estate Market Outlook
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.
Houses for sale Black River
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550 MAWBANNA RD, 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
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