Suburb Profile Report for Blakehurst NSW (2221)

Blakehurst House: Median price $1,700,000, Annual capital growth 8.56%, Number of sales 71, Weekly median advertised rent $720

Blakehurst Unit: Median price $1,150,000, Annual capital growth 14.57%, Number of sales 15, Weekly median advertised rent $650

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

Source: CoreLogic

  • House Report
  • Unit Report

Blakehurst is in the bottom 40% in NSW when comparing median price capital growth over the last year. Blakehurst gave property investors a disappointing capital gain figure when compared to the rest of the state, with 7.46%.

While Blakehurst,2221 ranked number 1179th in NSW for increase in median house value (annualised) increase, it is ranked 318th over the last 5 years.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.22% offered to property buyers. Sellers in Blakehurst itself are offering an average vendor discount of -6.09% to real estate investors.

Situated 16.04km from the CBD, Blakehurst is one of Kogarah localities in the postcode 2221.

Blakehurst, 2221 ranked 35th in NSW when comparing growth in median property values or capital gain over the last 12 months. Blakehurst is one of 3163 in our list for NSW

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Blakehurst has increased when compared to the 5 year average annual rate.

A $650 per week rent on the median house gives suburb investors a gross yield of circa 2.94%, without taking into account capital value appreciation, which has been averaging out at 14.57%.

Metrics i HOUSE UNIT
$1,700,000 $1,150,000
-1.45% N/A
7.46% 27.07%
8.56% 14.57%
$720 $650
71 15
2.20% 2.94%
79.7 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 6101
Median household income ($/weekly) 1903
Median age of persons 41
Median housing loan repayment ($/monthly) 2500
Average household size 3
  • Census Count Percent(%)
    5-14 years 858 14.1
    25-34 years 527 8.6
    35-44 years 784 12.9
    45-54 years 965 15.8
    55-64 years 745 12.2
    Others 2222 36.4
    Age Group
    Census Count Percent(%)
    Registered Married 2646 57.8
    Not Married 1791 39.1
    Defacto Relationship 138 3.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 4121 69.6
    Croatia 308 5.2
    Hong Kong 180 3.0
    United Kingdom 140 2.4
    Other 246 4.2
    Others 925 15.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 157 2.7
    Christianity 4471 76.7
    Hinduism 51 0.9
    Islam 264 4.5
    No Religion 824 14.1
    Others 59 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 189 11.2
    $2,000-$2,499 172 10.2
    $2,500-$2,999 201 11.9
    $3,000-$3,499 160 9.5
    $4,000 or more 204 12.1
    Others 757 45.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1863 38.7
    Not in the labour force 1772 36.8
    Employed, worked part-time 899 18.7
    Employed, away from work 160 3.3
    Unemployed, looking for work 116 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 539 18.5
    Professionals 788 27.0
    Technicians & trades workers 279 9.6
    Clerical & administrative workers 550 18.8
    Sales 287 9.8
    Others 477 16.3
    Occupation
    Census Count Percent(%)
    Pre-school 99 5.9
    Infants/Primary 535 31.7
    Secondary 530 31.4
    Technical or Further Educational Institution 111 6.6
    University or other Tertiary Institutions 378 22.4
    Others 37 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5306 91.8
    Semi-detached, row or terrace house, townhouse 288 5.0
    Flat, unit or apartment 172 3.0
    Caravan, cabin, houseboat 8 0.1
    House or flat attached to a shop, office 8 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 896 47.5
    Being purchased 676 35.8
    Rented 285 15.1
    Other tenure type 30 1.6
    Tenure Type
Census 2011, ABS
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