Black Forest is a small community in South Australia within the Unley local government area (postcode 5035). With a population of 1,982, the suburb has an established demographic with a median age of 39. Households earn a median income of $87K per year, with an average household size of 2.3 people. The most common occupations are professionals, clerical & administrative, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Black Forest is $1.8 million, having dropped significantly 10% over the past year. The current median weekly rent is $572. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $1,733.
Black Forest is served by 1 school, including 1 primary. The average ICSEA score is 1108, which is well above the national average of 1,000. Public transport access includes 2 rail stations, 5 bus stops. The crime rate in the Unley LGA is moderate at 4,238 incidents per 100,000 population.
From an investment perspective, Black Forest offers a gross rental yield of 1.7%, rated as low yield. Property prices are above the state median ($1.8M/$950K), placing it in the premium segment. The price-to-income ratio of 20.8x is considered stretched. House prices have moved -10.0% year-on-year.
Black Forest is a small community in South Australia within the Unley local government area (postcode 5035). With a population of 1,982, the suburb has an established demographic with a median age of 39. Households earn a median income of $87K per year, with an average household size of 2.3 people. The most common occupations are professionals, clerical & administrative, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Black Forest is $1.8 million, having dropped significantly 10% over the past year. The current median weekly rent is $572. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $1,733.
Black Forest is served by 1 school, including 1 primary. The average ICSEA score is 1108, which is well above the national average of 1,000. Public transport access includes 2 rail stations, 5 bus stops. The crime rate in the Unley LGA is moderate at 4,238 incidents per 100,000 population.
From an investment perspective, Black Forest offers a gross rental yield of 1.7%, rated as low yield. Property prices are above the state median ($1.8M/$950K), placing it in the premium segment. The price-to-income ratio of 20.8x is considered stretched. House prices have moved -10.0% year-on-year.