SA5035· Pop. 6,364West Torrens

BLACK FOREST

EstablishedSteady performer with reliable demand and moderate capital growth

Investor score

63

Vacancy rate is a modelled estimate. Price, rent and annual growth use real government data (see source labels on each card). This is not financial advice. See full disclaimer.

Median price

$1,200,000

SA Gov · 2026

Rent yield

2.2%

computed from govt data

Annual growth

-20.6%

annualised from govt data

Vacancy rate

1.0%

modelled estimate

AI insights for BLACK FOREST

Investment analysis, risks & comparisons

PREMIUM

BLACK FOREST shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.

Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.

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Median price sourced from SA Gov · 2026 — real government transaction data. Growth, demand and vacancy figures remain modelled estimates.

Median rent

$510/wk

SA Housing Trust · Q1 2026

Demand change

+8.2%

annual shift

Yield × growth index

-9.2

combined signal

Net yield (est.)

1.76%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

+3.4%

est. compound, long-run avg

10-yr growth (CAGR)

+3.9%

est. compound, long-run avg

Rental demand

63 / 100

Strong demand

Supply pipeline

Est.

3.7%

new dwellings approved / stock · Modelled estimate

High supply risk

5-year price history

2020
$898k
2021
$1018k
2022
$1120k
2023
$1208k
2024
$2000k
2025
$1511k
2026
$1200k

Source: SA Gov · 2026 · all sources

Market overview

BLACK FOREST is a metropolitan SA suburb with moderate capital growth momentum and lower rental yield. Strong infrastructure, employment access, and lifestyle amenities support ongoing investment demand.

Highlights

  • Metro SA suburb with strong infrastructure and transport
  • Rental yield 2.2% with stable tenant demand
  • Very low vacancy rate — high rental demand
  • Access to national transport network and amenities

Risk factors

  • High entry price may limit buyer pool
  • Below-average growth — limited capital appreciation signal
  • Subject to broader interest rate and economic conditions

Community profile

Source: ABS Census 2021 · ATO 2022–23

Median household income

$1,627/wk

$85k taxable p.a.

Renters

41.2%

53.8% owner-occupier

Median age

37.0 yrs

Unemployment

3.6%

Population growth

+2.7% p.a.

Investor-owned

13.0%

of all dwellings (ATO)

Houses

10%

78% apartments

Degree qualified

44.6%

bachelor's or higher (ABS)

Work from home

20.8%

of employed residents (ABS Census)

Median lot size

100 m²

Apartment/strata

Household size

2.2 persons

avg per dwelling (ABS Census)

Short-term rental

13.4%

Active STR market

Market activity

Distance to CBD

3.5 km

Inner city

Days on market

36 days

Normal turnover

Auction clearance

68.0%

Strong demand

Walkability

63 / 100

Very walkable

Coastal proximity

5.3 km

Near coast

NBN technology

FTTC

Good — fibre to curb

Population density

10,257/km²

Very dense urban

Schools in postcode 5035

🏫2 Primary1 Special
ACARA 2025

🏫Primary (2)

Richmond Primary School

Government · Yrs U, R-6

ICSEA 1122

Black Forest Primary School

Government · Yrs R-6

ICSEA 1108

Special (1)

Aspect Treetop School

Independent · Yrs U

ICSEA 1080

ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.

Liveability & safety

Safety index

High crime
54/ 100

1.3 offences / 100 persons

Source: SA Police · 2024-25

School quality

Top tier
1103ICSEA · national avg 1000

3 schools in postcode area

Source: ACARA My School 2025

Transit access

Good
69/ 100
🚆 4 train🚌 47 bus

Source: State GTFS feeds

Gentrification signal

42

/ 100

Early signs

Early-stage signals only. Watch for rising rents, new café activity, and building application increases as leading indicators.

Composite: education premium · youth cohort · rental activity · price gap · transit quality

Environmental risk

🌊

Flood risk

none

Source: State GIS flood zone data

🔥

Bushfire risk

none

Source: CFA / RFS / DFES zone data

⛈️

Storm risk

low

Coastal exposure + state climate

Live suburb intelligence

Fetching live data…

Location

Properties in BLACK FOREST

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