Black Hill, VIC 3350
Black Hill property market
Most of Black Hill's activity is house sales, with 67 sales at around $590k (up) as of July 2026, taking about 41 days to sell, mostly 3-bedroom (around 55%).
House rentals are next, with 34 leases at $440 a week, renting out in about 26 days (up from 23 days last year), less sought-after than most house rental markets, mostly 3-bedroom (around 55%). Followed by 19 unit sales at around $456k. 17 unit rentals at $375 a week (among the country's biggest unit rent drops).
Who lives hereA middle-income, renter-heavy, mixed-age suburb.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Black Hill demographics & population
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
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InsideWho lives here · What homes cost to buy & rent · How fast homes are selling · How much is for sale or rent · How it compares to nearby suburbs · Schools nearby
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Who lives in Black Hill?
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Share of all residents by 5-year band · hover a band for the count + split
A strongly multicultural community with deep migrant heritage.
2020–21 understated — COVID border closures.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Housing & affordability in Black Hill
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Income & employment in Black Hill
Incomes, employment, and the occupation mix of the people who live here.
A typical household pulls in about 1.8× the typical individual — a multi-earner area.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Getting around Black Hill
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Education · ACARA My School 2025
Schools in and around Black Hill
1 school inside Black Hill, plus the closest options around it. Families can choose from 52 primary schools in Black Hill and its surrounds, and 12 high schools covering the secondary years. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.
ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.
- Within Black Hill · 1Order by
- 1Black Hill Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Within suburbState Rank—English—Maths—Students311Multilingual50%ICSEA Rank50th
- Nearby · within 5 km · 60
- 2Ballarat Clarendon CollegeIndependent · Combined · Co-ed · Years Prep-12 · Ballarat · 4.3 kmState RankP Top 1%S Top 1%EnglishP ★★★★★★★★★★S ★★★★★★★★★★MathsP ★★★★★★★★★★S ★★★★★★★★★★Students311Multilingual50%ICSEA Rank50th
- 3Ballarat GrammarIndependent · Combined · Co-ed · Years Prep-12 · Wendouree · 4.3 kmState RankP Top 50%S Top 50%EnglishP ★★★★★★★★★★S ★★★★★★★★★★MathsP ★★★★★★★★★★S ★★★★★★★★★★Students311Multilingual50%ICSEA Rank50th
- 4Loreto CollegeCatholic · Secondary · Co-ed · Years 7-12 · Ballarat · 4.3 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students311Multilingual50%ICSEA Rank50th
- 5Ballarat Christian CollegeIndependent · Combined · Co-ed · Years Prep-12 · Sebastopol · 4.3 kmState RankP Top 50%S Top 50%EnglishP ★★★★★★★★★★S ★★★★★★★★★★MathsP ★★★★★★★★★★S ★★★★★★★★★★Students311Multilingual50%ICSEA Rank50th
- 6Ballarat Primary School (Dana Street)Government · Primary · Co-ed · Years Prep-6 · Ballarat · 4.3 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students311Multilingual50%ICSEA Rank50th
- 7St Francis Xavier SchoolCatholic · Primary · Co-ed · Years Prep-6 · Ballarat East · 4.3 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students311Multilingual50%ICSEA Rank50th
- 8St Augustine's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Creswick · 4.3 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students311Multilingual50%ICSEA Rank50th
- 9Haddon Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Haddon · 4.3 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students311Multilingual50%ICSEA Rank50th
- 10Napoleons Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Napoleons · 4.3 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students311Multilingual50%ICSEA Rank50th
- 11Mount Blowhard Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Blowhard · 4.3 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students311Multilingual50%ICSEA Rank50th
- 12St Columba's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Ballarat North · 4.3 kmState Rank—English—Maths—Students311Multilingual1%ICSEA Rank50th
- 13St Alipius' Parish SchoolCatholic · Primary · Co-ed · Years Prep-6 · Ballarat East · 4.3 kmState Rank—English—Maths—Students311Multilingual50%ICSEA Rank50th
- 14Ballarat North Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Ballarat · 4.3 kmState Rank—English—Maths—Students311Multilingual50%ICSEA Rank50th
- 15Macarthur Street Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Soldiers Hill · 4.3 kmState Rank—English—Maths—Students311Multilingual50%ICSEA Rank50th
- 16Caledonian Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Brown Hill · 4.3 kmState Rank—English—Maths—Students311Multilingual50%ICSEA Rank50th
- 17Little Bendigo Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Nerrina · 4.3 kmState Rank—English—Maths—Students311Multilingual50%ICSEA Rank50th
- 18Woodmans Hill Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Ballarat East · 4.3 kmState Rank—English—Maths—Students311Multilingual50%ICSEA Rank50th
- 19Canadian Lead Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Ballarat East · 4.3 kmState Rank—English—Maths—Students311Multilingual50%ICSEA Rank50th
- 20St Patrick's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Ballarat · 4.3 kmState Rank—English—Maths—Students311Multilingual50%ICSEA Rank50th
- 21Pleasant Street Primary School (Ballarat)Government · Primary · Co-ed · Years Prep-6 · Lake Wendouree · 4.3 kmState Rank—English—Maths—Students311Multilingual50%ICSEA Rank50th
- 22Invermay Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Invermay · 4.3 kmState Rank—English—Maths—Students311Multilingual1%ICSEA Rank50th
- 23Mount Pleasant Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Ballarat · 4.3 kmState Rank—English—Maths—Students311Multilingual50%ICSEA Rank50th
- 24St Patrick's CollegeCatholic · Secondary · Co-ed · Years 7-12 · Ballarat · 4.3 kmState Rank—English—Maths—Students311Multilingual50%ICSEA Rank50th
- 25Newington Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Ballarat · 4.3 kmState Rank—English—Maths—Students311Multilingual50%ICSEA Rank50th
- 26Wendouree Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Wendouree · 4.3 kmState Rank—English—Maths—Students311Multilingual50%ICSEA Rank50th
- 27St Aloysius' SchoolCatholic · Primary · Co-ed · Years Prep-6 · Redan · 4.3 kmState Rank—English—Maths—Students311Multilingual50%ICSEA Rank50th
- 28Forest Street Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Wendouree · 4.3 kmState Rank—English—Maths—Students311Multilingual50%ICSEA Rank50th
- 29Ballarat Specialist SchoolGovernment · Special · Co-ed · Years U · Lake Gardens · 4.3 kmState Rank—English—Maths—Students311Multilingual50%ICSEA Rank50th
- 30Mount Rowan Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Wendouree · 4.3 kmState Rank—English—Maths—Students311Multilingual50%ICSEA Rank50th
- 31Ballarat High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Lake Gardens · 4.3 kmState Rank—English—Maths—Students311Multilingual50%ICSEA Rank50th
- 32Our Lady Help of Christians SchoolCatholic · Primary · Co-ed · Years Prep-6 · Wendouree · 4.3 kmState Rank—English—Maths—Students311Multilingual50%ICSEA Rank50th
- 33Yuille Park Community CollegeGovernment · Combined · Co-ed · Years Prep-12 · Wendouree · 4.3 kmState Rank—English—Maths—Students311Multilingual1%ICSEA Rank50th
- 34Phoenix P-12 Community CollegeGovernment · Combined · Co-ed · Years Prep-12 · Sebastopol · 4.3 kmState Rank—English—Maths—Students311Multilingual50%ICSEA Rank50th
- 35Warrenheip Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Warrenheip · 4.3 kmState Rank—English—Maths—Students311Multilingual1%ICSEA Rank50th
- 36Sebastopol Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Sebastopol · 4.3 kmState Rank—English—Maths—Students311Multilingual50%ICSEA Rank50th
- 37Lumen Christi SchoolCatholic · Primary · Co-ed · Years Prep-6 · Delacombe · 4.3 kmState Rank—English—Maths—Students311Multilingual50%ICSEA Rank50th
- 38Mount Clear Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Mount Clear · 4.3 kmState Rank—English—Maths—Students311Multilingual50%ICSEA Rank50th
- 39Glen Park Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Glen Park · 4.3 kmState Rank—English—Maths—Students311Multilingual50%ICSEA Rank50th
- 40Delacombe Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Delacombe · 4.3 kmState Rank—English—Maths—Students311Multilingual50%ICSEA Rank50th
- 41Alfredton Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Alfredton · 4.3 kmState Rank—English—Maths—Students311Multilingual50%ICSEA Rank50th
- 42Mount Clear CollegeGovernment · Secondary · Co-ed · Years 7-12 · Mount Clear · 4.3 kmState Rank—English—Maths—Students311Multilingual50%ICSEA Rank50th
- 43St Thomas More SchoolCatholic · Primary · Co-ed · Years Prep-6 · Alfredton · 4.3 kmState Rank—English—Maths—Students311Multilingual50%ICSEA Rank50th
- 44St James' SchoolCatholic · Primary · Co-ed · Years Prep-6 · Sebastopol · 4.3 kmState Rank—English—Maths—Students311Multilingual50%ICSEA Rank50th
- 45Damascus CollegeCatholic · Secondary · Co-ed · Years 7-12 · Mount Clear · 4.3 kmState Rank—English—Maths—Students311Multilingual50%ICSEA Rank50th
- 46Emmaus Catholic Primary SchoolCatholic · Primary · Co-ed · Years Prep-6 · Mount Clear · 4.3 kmState Rank—English—Maths—Students311Multilingual50%ICSEA Rank50th
- 47Magpie Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Magpie · 4.3 kmState Rank—English—Maths—Students311Multilingual50%ICSEA Rank50th
- 48Lucas Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Lucas · 4.3 kmState Rank—English—Maths—Students311Multilingual50%ICSEA Rank50th
- 49Siena Catholic Primary SchoolCatholic · Primary · Co-ed · Years Prep-6 · Lucas · 4.3 kmState Rank—English—Maths—Students311Multilingual50%ICSEA Rank50th
- 50Ballarat Steiner SchoolIndependent · Primary · Co-ed · Years Prep-6 · Mount Helen · 4.3 kmState Rank—English—Maths—Students311Multilingual50%ICSEA Rank50th
- 51Miners Rest Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Miners Rest · 4.3 kmState Rank—English—Maths—Students311Multilingual50%ICSEA Rank50th
- 52St Mary's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Clarkes Hill · 4.3 kmState Rank—English—Maths—Students311Multilingual1%ICSEA Rank50th
- 53Buninyong Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Buninyong · 4.3 kmState Rank—English—Maths—Students311Multilingual50%ICSEA Rank50th
- 54Bungaree Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Bungaree · 4.3 kmState Rank—English—Maths—Students311Multilingual1%ICSEA Rank50th
- 55Creswick Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Creswick · 4.3 kmState Rank—English—Maths—Students311Multilingual50%ICSEA Rank50th
- 56Creswick North Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Creswick · 4.3 kmState Rank—English—Maths—Students311Multilingual1%ICSEA Rank50th
- 57Newlyn Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Newlyn · 4.3 kmState Rank—English—Maths—Students311Multilingual50%ICSEA Rank50th
- 58Lal Lal Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Lal Lal · 4.3 kmState Rank—English—Maths—Students311Multilingual1%ICSEA Rank50th
- 59St Patrick's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Gordon · 4.3 kmState Rank—English—Maths—Students311Multilingual1%ICSEA Rank50th
- 60Woady Yaloak Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Smythesdale · 4.3 kmState Rank—English—Maths—Students311Multilingual50%ICSEA Rank50th
- 61Sovereign Hill SchoolGovernment · Special · Ballarat · 4.3 kmState Rank—English—Maths—Students—Multilingual—ICSEA Rank—
Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.
School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.
Turnover
How settled or transient the community is — and where newcomers came from.
Black Hill median house price & rent
Headline price, rent, yield and time on market for Black Hill — choose a property type and size below.
House & unit prices by bedroom
Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.
Black Hill property growth
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.
Houses
Units
Buying vs renting in Black Hill
What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.
How strong is demand, and which way is it heading?
Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.
Sales market velocity
Black Hill against the neighbourhood
Eight diagnostic views cutting the data a different way each time — Black Hill in blue, peers in colour.
How fast — and is it getting faster?
Housing supply & months of stock
How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.
Sales market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | SoldSold (last year)Total sold transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are sold each month in this segment, over the last 12 months. |
|---|
Rental market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | LeasedLeased (last year)Total leased transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are leased each month in this segment, over the last 12 months. |
|---|
Who's transacting — buyers or tenants?
Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.
Black Hill — Units & Houses, all bedrooms
Black Hill median house price & rent history
Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.
Five-year summaryAs of Jun 2026, the median house sale price in Black Hill fell from $381k (Jul 2021) to $308k (Jun 2026) — a 19.1% decline over five years — peaking at $556k between Nov 2022 and Oct 2023. Median house rent went from $273/wk to $260/wk (−4.8%) over the same period. For units, the median sale price rose from $213k to $391k (+83.9%), with rent up from $221/wk to $308/wk (+39.4%) over the same period.
Suburbs near Black Hill: prices compared
The nearest suburbs to Black Hill, ranked by distance — each lined up against Black Hill on the same measures, so the differences jump out at a glance.
Suburbs like Black Hill
Suburbs anywhere in VIC that behave like Black Hill — matched on price, growth, selling speed and demand, not on distance. A shortlist of markets that move the same way — including ones far away you'd never think to compare. (Want the suburbs right next door instead? See Nearby markets above.)
Black Hill vs Lucas: the closest sales-market match trades at a median of $533k against Black Hill's $432k — about 23% higher, with homes selling in 23 days versus 35 days here.
Comparable sales markets to Black Hill: Lucas median house price, Smythes Creek (VIC 3351), Soldiers Hill (VIC 3350), Miners Rest property market and Newington average house price.
Black Hill's closest rental-market twins: Smythes Creek, VIC property market, Soldiers Hill, VIC property market, Newington property prices, Lucas median house price and Miners Rest property market. Each link opens that suburb's full market report.
Frequently asked · Black Hill
26 data-driven answers about Black Hill's property market — every one computed from the metrics above.
What things cost
Prices, rent, yield, ownership costWhat is the median house price in Black Hill?
#The median house price in Black Hill, VIC 3350 is $432k as of June 2026, based on 16 sales over the past 12 months. Houses there have moved +50.0% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.
What is the median unit price in Black Hill?
#The median unit price in Black Hill, VIC 3350 is $432k as of June 2026, based on 16 sales over the past 12 months. Units have moved +50.0% year-on-year and currently trade at roughly 100% of the median house price.
How much does it cost to rent in Black Hill?
#The median weekly house rent in Black Hill is $279 as of June 2026, drawn from 7 leases over the past 12 months. Units rent for around $279 per week. House rents have moved +50.0% year-on-year. Current vacancy pressure is shown in the supply section above.
How much is rent for a 3 bedroom house in Black Hill?
#A 3 bedroom house in Black Hill rents for a median $279 per week as of June 2026, drawn from 7 leases over the past 12 months. Across other house sizes: 2-bedroom $279/week, 4-bedroom $279/week. Unit rents: 1-bedroom $279/week, 2-bedroom $279/week, 3-bedroom $279/week. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.
What is the gross rental yield in Black Hill?
#Gross rental yield in Black Hill is 3.26% for houses and 3.26% for units as of June 2026, compared with the VIC unit median of 4.26%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.
How much is a 3 bedroom house in Black Hill?
#As of June 2026, Black Hill medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | $432k | $432k | $432k | $432k |
| Units | $432k | $432k | $432k | — | $432k |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
What does it cost to own versus rent at the Black Hill median?
#At the median Black Hill house ($432k purchase, $279/week rent), weekly mortgage repayments sit at roughly $418 — about $139 more per week than renting. That gap is the ownership premium. For the median unit ($432k purchase, $279/week rent), repayments run about $418 per week. Figures assume 80% LVR, a 6.0% interest rate and a 30-year principal-and-interest loan.
How the market is moving
Speed, supply, growth, cycle phaseWhat are Black Hill's property market trends?
#Black Hill's property market trends to June 2026: house prices rose +50.0% year-on-year and units +50.0%; weekly house rents moved +50.0%; homes now sell in a median 35 days — faster than a year ago by 14; sales supply sits at 1.6 months (severe). Read together — price, rent, selling speed and supply — they show which way the Black Hill market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.
What does the data say about Black Hill as an investment?
#As of June 2026 in Black Hill, house prices rose +50.0% over the year, gross rental yield is 3.26% against a VIC median of 3.29%, houses take a median 35 days to sell, sales supply is 1.6 months (severe). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.
How quickly do houses sell in Black Hill?
#Houses in Black Hill sell in a median 35 days on market as of June 2026, with units clearing slightly similarly at 35 days. Days on market have tightened by 14 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.
Is Black Hill a tight or loose property market right now?
#Black Hill's sales market sits at 1.6 months of supply for houses as of June 2026 — classified as Severe (extreme shortage) against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is looser at 2.6 months of supply.
Have property prices in Black Hill gone up or down?
#House prices in Black Hill moved +50.0% over the 12 months to June 2026, while units moved +50.0%. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.
How active is the rental market in Black Hill?
#Black Hill's house rental market sits at 2.6 months of supply as of June 2026 — classified as Saturated (extreme oversupply), with 8 houses leased over the past 12 months. Units sit at 1.3 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.
Where is Black Hill in its property market cycle?
#Black Hill's house market is currently in the 'softer_firming' phase as of June 2026 — combining above-median sales velocity nationally with year-on-year tightening in days on market. The demand cycle chart above plots all eight segments on the same demand-versus-direction axes.
How it compares
Vs state, vs nearby, vs popularHow does Black Hill compare to other VIC suburbs?
#Black Hill's median house price ($432k) is 4% below the VIC median ($451k) as of June 2026. On selling speed, houses clear in 35 days vs 26 days state median. On gross yield, Black Hill sits at 3.26% vs 3.29% state median.
How does Black Hill compare to neighbouring suburbs?
#Black Hill's most-similar nearby market is Lucas (6.9 km away) with a median house price of $533k — about 23% pricier. The Nearby and Similar markets sections above rank every peer within radius and by composite similarity across price, days on market, yield, ownership cost and cycle phase.
What's the most popular property type in Black Hill?
#The most-transacted segment in Black Hill over the 12 months to June 2026 is 2 bed houses with 12 sales. 3 bed houses come second at 12 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.
How many properties were sold and leased in Black Hill last year?
#Black Hill recorded 12 house sales and 12 unit sales over the 12 months to June 2026 — a combined 24 transactions. On the rental side, 8 houses and 8 units were leased. Segments with statistically thin samples are excluded from displayed figures.
About the area
Population, income, who lives here, schoolsWhat postcode is Black Hill in?
#Black Hill is in postcode 3350, in the Ballarat region of VIC. Addresses there are written as Black Hill, VIC 3350.
What is the population of Black Hill?
#Black Hill, VIC 3350 is home to 1,272 residents (ABS Census 2021). The median resident age is 25, and the average household holds 1.2 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
What is the median household income in Black Hill?
#The median household in Black Hill earns $1k per week — roughly $58k a year (ABS Census 2021). Median personal income runs $604/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
What is the unemployment rate in Black Hill?
#The unemployment rate in Black Hill is 50.0% (ABS Census 2021). That sits right around the median for Australian suburbs. The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.
Do people own or rent in Black Hill?
#Black Hill is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.
What schools are near Black Hill?
#Black Hill has 61 schools within reach, 1 of them inside the suburb itself — including Black Hill Primary School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Is Black Hill a good place to live?
#Black Hill, VIC 3350 has a population of 1,272, a median age of 25, a median household income around $1k/week, 50% of households renting (ABS Census 2021). There are 61 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.
About this data
Methodology and update cadenceWhen was this Black Hill market data last updated?
#This Black Hill market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.