Black Range Median Property Value & Market Data (VIC)

Black Range, Victoria· Northern Grampians Shire
Black Range has a median property value in line with Victoria averagesUpdated 1 June 2026

Price Score

6.0/10

Black Range has a median property value in line with Victoria averages

Key Facts

Median Price Range
$800k–$1.1M
Suburb
Black Range, VIC
Key Price Driver
Proximity to CBD and school catchments
Climate Risk Impact
Increasingly affects property values — get a report
Postcode
3381
Highest high-risk exposure
16.1% of land (bushfire)

Median Property Value Analysis

Black Range in Victoria sits within the broader property market of the region. The median property value provides a benchmark for home buyers evaluating the suburb against neighbouring areas and state averages across Victoria. Understanding where a suburb sits in the price spectrum is a critical first step in property research.

Property values in Black Range are influenced by factors including location, housing stock diversity, school catchments, transport access, and increasingly climate risk exposure. The median price represents the middle point of all sales — half sold for more, half for less — and is the most commonly cited benchmark in Australian property market reporting. Domain and CoreLogic both publish suburb-level median price data that can be compared across Victoria.

For buyers considering Black Range, the relationship between property value and climate risk is becoming increasingly important. Properties in areas with lower exposure to flood, bushfire, and extreme heat may hold value better over the long term as climate risk awareness grows among Australian home buyers.

To make an informed property decision in Black Range, an address-level assessment is essential. Get a complete ClimateNest report for your shortlisted property including climate risk scores, projected insurance costs, and long-term value outlook to complement your market research.

Black Range (postcode 3381) is tracked in ClimateNest's suburb hazard model, which maps the share of the suburb's land exposed to each hazard at high and moderate levels. The suburb's highest high-risk exposures are bushfire (16.1% of land in high-risk zones), surface flood (10.7% of land in high-risk zones), riverine flood (4.8% of land in high-risk zones). Exposure is not uniform across Black Range — individual properties can sit well above or below these averages, so an address-level check is recommended before buying, selling or insuring.

Adaptation & Mitigation Actions

Improve Drainage Infrastructure

Near-term

Upgrade drainage systems to handle increased rainfall intensity and reduce the risk of flooding.

Est. cost: Medium

Implement Bushfire Mitigation Measures

Immediate

Reduce fuel loads around properties, create firebreaks, and improve community awareness of bushfire risks.

Est. cost: Low

Establish Cooling Centers

Near-term

Provide public cooling centers to protect vulnerable residents during heatwaves.

Est. cost: Low

Promote Water Conservation

Long-term

Encourage water-saving practices to ensure adequate water supply during droughts and heatwaves.

Est. cost: Low

Develop Community Emergency Plans

Immediate

Create and regularly update community emergency plans to ensure residents are prepared for various climate-related disasters.

Est. cost: Low

Council & Emergency Services

Northern Grampians Shire
Emergency Services

Data last updated: 1 June 2026

Explore Black Range Risk Reports

Frequently Asked Questions

What is the median property value in Black Range?

The median property value for Black Range in Victoria provides a market benchmark for home buyers and sellers. For the most current median price data, consult Domain, CoreLogic, or your local real estate agent who can provide suburb-specific sales evidence and recent comparable sales. Property prices in Victoria vary significantly by location, property type, and condition — the median is a starting point, not a valuation.

How do property values in Black Range compare to Victoria averages?

Black Range sits within the Victoria property market. Statewide median prices in Victoria range from $800k to $1.1M depending on property type and location. Consider climate risk alongside price data — ClimateNest provides property-specific risk assessments for addresses across Black Range.

What factors affect property values in Black Range?

Property values in Black Range are driven by location, proximity to schools and transport, housing stock quality and diversity, neighbourhood amenity, market conditions, and increasingly climate risk exposure. Address-level climate risk data from ClimateNest helps buyers make informed decisions.

Does climate risk affect property values in Black Range?

Yes, climate risk is an increasingly important factor in property values across Australian suburbs, including Black Range. Properties with verified lower climate risk may attract premium pricing as buyer awareness grows. A ClimateNest report provides address-level climate risk data to inform your property valuation.

What share of Black Range is exposed to high bushfire risk?

ClimateNest's hazard overlay maps 16.1% of Black Range in high-risk zones for bushfire, with a further 74.5% in moderate-risk zones. Suburb-level exposure is not uniform — individual properties can differ from these averages, so an address-level check is recommended.

Is Black Range Safe from Climate Risk?

Enter your address below for an instant climate risk assessment for Black Range, Victoria, covering flood, bushfire, sea level rise and more.

Free instant previewCSIRO-powered data

What A$69 could save you from

$7.2B
2022 insured disaster losses*
$300B+
climate risk to property by 2050*
30-120%
insurance premium increases in high-risk areas*

*Industry sources: ICA, APRA, RBA

Full report from A$69 · Australian addresses only · 8 hazard scores · Insurance trajectory · 2030 & 2050 projections