Black Rock, located in the Bayside area of Victoria, is known for its picturesque seaside charm and impressive housing market. This affluent suburb offers a diverse range of properties, from luxurious modern homes with stunning views of Port Phillip Bay to classic period homes nestled along tree-lined streets. The housing market in Black Rock has shown resilience and steady growth over recent years, largely driven by its desirable location, high quality of life, and excellent local amenities. The area attracts both families and professionals seeking a tranquil coastal lifestyle with convenient access to Melbourne’s city center. The median house prices reflect the suburb's upmarket appeal, making it a competitive market for buyers looking to secure a piece of this coveted Bayside locale.
Living in Black Rock offers residents a unique blend of relaxed coastal living and vibrant community interaction. The suburb boasts plenty of green spaces, including the picturesque Black Rock Gardens and scenic walking trails along the coastline. Hampton Street, the main commercial hub, offers a selection of cafes, boutiques, and restaurants catering to a variety of tastes. The renowned Royal Melbourne Golf Club and the historic Black Rock Yacht Club add an element of exclusivity and provide ample leisure opportunities. The community is well-serviced by educational institutions, making it an appealing choice for families. Public transportation links ensure that the area remains connected to the rest of Melbourne, yet its serene environment creates a distinct separation from the hustle and bustle of urban life, offering a peaceful retreat for its residents.
Median Weekly Rent | $603.31 |
Median Monthly Mortgage | $2886.46 |
Median Persons Per bed houseroom | 0.75 |
Average Household Size | 2.62 |
Average Age | 49.62 |
Average Income | $1069.23 |
Average Cars Per Dwelling | 1.93 |
Average Properties Within 50M | 19 |
Typical 1 bed house | $3,248,000 |
Typical 2 bed house | $1,370,000 |
Typical 3 bed house | $2,471,000 |
Typical 4 bed house | $3,430,000 |
Typical 5 bed house | $4,766,000 |
Typical 6 bed+ house | $3,698,000 |
Housing Stock
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Thinking about buying in Black Rock? Now could not be a better time, with 3890 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,551,000 with prices in this suburb ranging from $508,000 to $17,203,000. Black Rock is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
In Black Rock 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 Rock 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 Rock 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 Rock to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Black Rock we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Black Rock a better buying opportunity than it may have been in the past.
Instant Property Valuation36 Railway Terrace, Black Rock, SA, 5431 | 3 | 3 | 6 | $255,000 |
St Joseph's School
Black Rock Primary School
Beaumaris North Primary School
Beaumaris Secondary College
Sandringham East Primary School
Sandringham College
Stella Maris School
Beaumaris Primary School
Sacred Heart School
Sandringham Primary School
(While the above schools are located with the suburb of Black Rock there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.0 | 16.8 | 34.2 | 18.0 | 63.7 | 4.4 | 28.2 |
Feb | 0.9 | 15.8 | 32.8 | 19.7 | 66.1 | 4.0 | 25.2 |
Mar | 0.6 | 13.0 | 28.8 | 24.0 | 73.1 | 3.6 | 20.4 |
Apr | 0.4 | 9.1 | 24.5 | 27.8 | 73.4 | 3.4 | 16.4 |
May | 0.5 | 6.3 | 19.6 | 38.5 | 82.0 | 3.4 | 12.4 |
Jun | 0.5 | 3.4 | 15.8 | 46.3 | 87.5 | 3.3 | 10.6 |
Jul | 0.5 | 3.3 | 15.9 | 41.2 | 85.1 | 3.9 | 11.2 |
Aug | 0.4 | 3.7 | 17.7 | 31.9 | 80.1 | 4.1 | 13.9 |
Sept | 0.8 | 6.7 | 21.9 | 27.3 | 77.2 | 4.5 | 18.9 |
Oct | 0.4 | 9.4 | 25.4 | 21.1 | 75.4 | 4.4 | 25.8 |
Nov | 0.8 | 12.6 | 29.7 | 17.7 | 68.2 | 4.1 | 28.2 |
Dec | 0.4 | 15.0 | 32.3 | 16.2 | 63.5 | 4.6 | 30.0 |
source: Australian Government Bureau of Meteorology
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