NSW has seen average median house prices change by 7.28% which means that Blacktown, 2148 has done well for property investors by showing a capital gain of 3.44% over the last year
While Blacktown,2148 ranked number 539th in NSW for increase in median house value (annualised) increase, it is ranked 139th over the last 5 years.
Property buyers and investors in Blacktown 2148 should be seeing an average reduction in asking price of around -5.62% . This means that Blacktown is holding prices well when compared to other suburbs in NSW.
On average over the past year, suburb has had 44.08 sales per month, which equates to 529 per year.
Advertised rents are around the $430 mark per week – giving a return of 3.26% based on the median price in Suburb
NSW has seen average median house prices change by 5.73% which means that Blacktown, 2148 has done well for property investors by showing a capital gain of 7.51% over the last year
Blacktown,2148 has offered an average of 7.51% return per annum in house price rises to property investors over the last three 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 -5.22% is being offered, which puts this NSW suburb at 709th most discounted overall in Australia.
In the last year 299 properties changed hands in Blacktown, which puts it as the 22th most active market in NSW when comparing the number of sales per suburb.
Advertised rents are around the $400 mark per week – giving a return of 4.28% based on the median price in Suburb