Suburb Profile Report for Blacktown NSW (2148)

Blacktown House: Median price $700,000, Annual capital growth 8.55%, Number of sales 517, Weekly median advertised rent $430

Blacktown Unit: Median price $487,000, Annual capital growth 6.55%, Number of sales 319, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Blacktown, 2148 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 4.48%.

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

LACK OF BUYER INTEREST may well be the reason that Blacktown is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 647th in terms of most discounted suburbs in NSW

Residents and property investors in Blacktown have been waiting around 58.72 days to sell a property.

Blacktown is 786th on a list of best yielding suburbs for rents in NSW with a 3.19% return

Giving property investors a a stable capital gain of 7.03% for the last year, Blacktown, 2148 is the 570th highest performer in Australia in this respect.

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

Property investors looking for a bargain in Blacktown should be aiming for at least -5.15% off the asking price, which is the average vendor discount being achieved at the moment.

With the median price for a house in Blacktown being $487000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 4.27%

Metrics i HOUSE UNIT
$700,000 $487,000
2.19% 0.41%
4.48% 7.03%
8.55% 6.55%
$430 $400
517 319
3.19% 4.27%
58.72 60.38

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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