Suburb Profile Report for Blacktown NSW (2148)

Blacktown House: Median price $720,000, Annual capital growth 8.84%, Number of sales 502, Weekly median advertised rent $430

Blacktown Unit: Median price $510,000, Annual capital growth 7.44%, Number of sales 325, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Blacktown have tracked just lower than the NSW average of 10.13% over the last 12 months.

Comparing Blacktown,2148 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

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 -4.82% is being offered, which puts this NSW suburb at 2450th most discounted overall in Australia.

At number 1261 in a list of fastest selling suburbs, Blacktown is in the TOP 40% of suburbs in Australia with an average of days on market 63.48 for properties listed there.

Blacktown, 2148’s gross rental yield is 3.11%

NSW has seen average median house prices change by 7.74% which means that Blacktown, 2148 has done well for property investors by showing a capital gain of 10.75% over the last year

Taking the average capital gain, or increase in median house value, Blacktown,2148 has racked up an average of 10.75% over the period. This ranks it number 170th in the whole country for real estate investors looking at median house price increases.

Vendor discounting in Blacktown is giving property investors an average Vendor Discount of around -4.94%. This puts suburb at number 131th in NSW when ranking the most discounted suburbs.

Advertised rents are around the $400 mark per week – giving a return of 4.08% based on the median price in Suburb

Metrics i HOUSE UNIT
$720,000 $510,000
2.69% 3.66%
7.46% 10.75%
8.84% 7.44%
$430 $400
502 325
3.11% 4.08%
63.48 56.15

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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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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Recent sales & rentals