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 3.14%
Blacktown,2148 was ranked 1513 in Australia by increase in median property value over the quarter.
At number 590th of NSW’s most discounted properties, Blacktown is in the middle of the state/territory when listing in order of most discounted to least.
The NSW suburb of Blacktown, 2148 is in the Blacktown local government area.
Blacktown has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 6.94% to date .
If we look at median property appreciation over just the last three months, Blacktown has given property investors a paper return of 1.15%. This puts Suburb as 302 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Blacktown should be aiming for at least -5.33% off the asking price, which is the average vendor discount being achieved at the moment.
Property investors should expect to get $400 weekly from the median priced house in this suburb.