Black Rock Suburb Profile

Black Rock generally refers to streets north of Balcolm Road, off Bluff Road. However it shares its postcode (3193) with Beaumaris, which is located about 22 kilometres south-east of the CBD.

Neither suburb is accessable by rail (trains end at Sandringham) and this is reflected in the kind of homes built which are generally newer than in nearby Sandringham, Hampton and Brighton.

Agents say high trees and traffic mean that streets closer to the Black Rock village often sell for more than properties on Beach Road.

According to travelmate.com.au, driving to Black Rock from the CBD should take about 26 minutes in a non-peak period.

According to the REIV, Black Rock’s median house price for the year ended December 31, 2007, is $1,050,000, an increase of 16 per cent since 1996.
By comparison, median house values in metropolitan Melbourne increased to $425,000, up 12.6 per cent.

The REIV annualised median figures are considered more statistically reliable than the quarterly figures released throughout the year, because they survey a much greater sample of properties. use values

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.

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