NSW has seen average median house prices change by 6.38% which means that Blacktown, 2148 has done well for property investors by showing a capital gain of 2.13% over the last year
Comparing Blacktown,2148 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Blacktown is $670000, with sellers offering an average of -5.72% off the asking price.
At number 1016 in a list of fastest selling suburbs, Blacktown is in the TOP 30% of suburbs in Australia with an average of days on market 63.65 for properties listed there.
Using the current median advertised rental of $420 and the average annual increase in value of a median property of 7.96%, investors should hope to achieve an overall return of 3.26%
Giving property investors a a stable capital gain of 5.70% for the last year, Blacktown, 2148 is the 645th highest performer in Australia in this respect.
While Blacktown,2148 ranked number 326th in NSW for increase in median house value (annualised) increase, it is ranked 85th over the last 5 years.
The most recent median price for Blacktown is $472500, with sellers offering an average of -4.95% off the asking price.
Residents and property investors in Blacktown have been waiting around 60.88 days to sell a property.
Renters in Suburb are facing rents around $4800 per annum or $400 every week.