Black Rock sits in Melbourne’s bayside — a suburb that runs creative, walkable, authentic. Here’s what the numbers and the locals actually say about the property and rental situation.
Rental Prices — Black Rock 2026
| Property Type | Weekly Rent | Monthly | Annual |
|---|---|---|---|
| 1-bedroom unit | $448/wk | $1941/mo | $23,296/yr |
| 2-bedroom unit | $607/wk | $2630/mo | $31,564/yr |
| 3-bedroom house | $794/wk | $3440/mo | $41,288/yr |
Rents in Black Rock have fluctuated slightly compared to 2025. The vacancy rate sits at 2.6%, which is moderate — you have some negotiating room.
Property Prices
| Property Type | Median Price | 12-Month Change |
|---|---|---|
| House | $1,309,150 | +2.7% |
| Unit/Apartment | $619,033 | -1.2% |
Gross rental yield: 3.2% (units tend to yield higher than houses in Black Rock).
Who Lives Here
Black Rock attracts predominantly young professionals and couples. The suburb is known for Black Rock local shops, community feel, suburban lifestyle.
Average resident profile:
- Age: Predominantly 25-35
- Household: Couples and young families
- Income: Above metro average
Renting Tips for Black Rock
Apply fast. Good properties in Black Rock get 20-40 applications. Have your documents ready: 100 points of ID, recent payslips, rental history, references.
Inspect in person. Photos lie. Check water pressure, phone reception, natural light at the time of day you’d actually be home. Open the cupboards. Flush the toilet.
Look beyond Anderson Grove. The main strip has more foot traffic but also more noise. One or two blocks back, you get the same proximity for less money.
Know your rights. Victorian tenancy law caps rent increases to once per 12 months. Your landlord must give 60 days notice. Urgent repairs must be addressed within 24 hours (blocked toilet, no hot water, gas leak).
Budget beyond rent. Factor in: utilities ($150-250/month), internet ($70-90/month), contents insurance ($15-25/month), and transport (Public transport options in Black Rock).
Investment Outlook
Black Rock is a mature market — don’t expect explosive growth, but it’s stable and liquid. The 3.2% gross yield is below the metro average — you’re buying for capital growth here.
Key factors:
- Transport: Public transport options in Black Rock
- Schools: Limited local options — neighbouring suburbs have better schools
- Infrastructure: New town centre development approved
Suburb Character & Lifestyle
Black Rock runs creative, walkable, authentic. The main commercial strip along Anderson Grove is where most of the daily life happens — cafes, restaurants, and essential services within walking distance for those who live close. The neighbourhood is known for Black Rock local shops, community feel, suburban lifestyle, which drives both rental demand and property values.
The housing stock is a mix of Victorian-era terraces, Edwardian cottages, and modern apartment developments. For renters, the most common options are rooms in shared Victorian terraces. For buyers, the entry point is typically a 2-bedroom terrace needing renovation at the lower end of the market.
Transport reality: Public transport options in Black Rock. The commute to the CBD is realistic for daily workers, and most residents report using a combination of public transport, cycling, and driving depending on the trip.
Cost of Living Snapshot
| Expense | Typical Cost |
|---|---|
| Coffee | $4.50-5.50 |
| Brunch | $19-28 |
| Dinner out | $28-45 pp |
| Pint of beer | $12-14 |
| Cocktail | $19-25 |
| Groceries | $111/wk (couple) |
| Utilities | $242/mo (1br) |
| Internet | $70-90/mo (NBN) |
The Bigger Picture
Black Rock has seen consistent demand from owner-occupiers and investors alike, driven by lifestyle amenity and transport links. The suburb is creative, walkable, authentic, which attracts families seeking quality schools and green space.
5-year outlook: Moderate, steady capital growth expected. The fundamentals — location, transport, lifestyle amenity — are strong.
What to watch: Shopping precinct upgrades — check council planning portal for details.
Nearby
- Sandringham Property
- Black Rock Cost of Living
- Black Rock Things to Do
- Compare Suburbs
- All Black Rock Guides
Last updated: March 2026. Data sources: Domain, REA Group, SQM Research.
Keep Exploring
More in this area:
- Rent Guide in Black Rock
- Honest Guide in Black Rock
- Transport Guide in Black Rock
- Cost Of Living in Black Rock
Useful tools:

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