Suburb Profile Report for Blacktown NSW (2148)

Blacktown House: Median price $705,000, Annual capital growth 8.61%, Number of sales 501, Weekly median advertised rent $430

Blacktown Unit: Median price $501,000, Annual capital growth 7.05%, Number of sales 327, Weekly median advertised rent $400

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Blacktown has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 4.68%

While Blacktown,2148 ranked number 805th in NSW for increase in median house value (annualised) increase, it is ranked 204th over the last 5 years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Blacktown, 2148. Typically our figures indicate that -4.86% is being offered, which puts this NSW suburb at 2556th most discounted overall in Australia.

On average over the past year, suburb has had 41.75 sales per month, which equates to 501 per year.

Using the current median advertised rental of $430 and the average annual increase in value of a median property of 8.61%, investors should hope to achieve an overall return of 3.17%

If you compare the increase in value of investment property in Blacktown, 2148 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 10.11%.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Blacktown has increased when compared to the 5 year average annual rate.

At number 110th of NSW’s most discounted properties, Blacktown is in the bottom 30% of the state/territory when listing in order of most discounted to least.

In the last year 327 properties changed hands in Blacktown, which puts it as the 19th most active market in NSW when comparing the number of sales per suburb.

Metrics i HOUSE UNIT
$705,000 $501,000
2.17% 2.87%
4.68% 10.11%
8.61% 7.05%
$430 $400
501 327
3.17% 4.15%
60.25 60.61

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 43374
Median household income ($/weekly) 1174
Median age of persons 33
Median housing loan repayment ($/monthly) 1907
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 5687 13.1
    25-34 years 7758 17.9
    35-44 years 6124 14.1
    45-54 years 5276 12.2
    55-64 years 3973 9.2
    Others 14557 33.6
    Age Group
    Census Count Percent(%)
    Registered Married 16337 51.2
    Not Married 13726 43.0
    Defacto Relationship 1861 5.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 21767 52.7
    Croatia 991 2.4
    Indonesia 3855 9.3
    Philippines 2072 5.0
    Other 4623 11.2
    Others 7958 19.3
    Country of Birth
    Census Count Percent(%)
    Christianity 26300 64.8
    Hinduism 3601 8.9
    Islam 3206 7.9
    Other Religious Groups 2049 5.1
    No Religion 4557 11.2
    Others 852 2.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 1293 10.0
    $600-$799 1285 10.0
    $1,000-$1,249 1395 10.8
    $1,500-$1,999 1867 14.5
    $2,000-$2,499 1330 10.3
    Others 5739 44.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 12685 39.2
    Not in the labour force 11905 36.8
    Employed, worked part-time 4970 15.4
    Unemployed, looking for work 1596 4.9
    Employed, away from work 1198 3.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 2982 15.8
    Technicians & trades workers 2643 14.0
    Clerical & administrative workers 3333 17.7
    Machinery operators & drivers 2198 11.7
    Labourers 2252 11.9
    Others 5446 28.9
    Occupation
    Census Count Percent(%)
    Pre-school 738 6.8
    Infants/Primary 3567 33.1
    Secondary 2792 25.9
    Technical or Further Educational Institution 1527 14.1
    University or other Tertiary Institutions 1655 15.3
    Others 513 4.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 30538 73.7
    Semi-detached, row or terrace house, townhouse 5844 14.1
    Flat, unit or apartment 5002 12.1
    House or flat attached to a shop, office 48 0.1
    Caravan, cabin, houseboat 3 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 5088 36.4
    Rented 4967 35.5
    Fully owned 3838 27.5
    Other tenure type 86 0.6
    Tenure Type
Census 2011, ABS
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