Suburb Profile Report for Blackwall NSW (2256)

Blackwall House: Median price $718,000, Annual capital growth 8.03%, Number of sales 39, Weekly median advertised rent $430

Blackwall Unit: Median price $607,500, Annual capital growth 12.05%, Number of sales 23, Weekly median advertised rent $420

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Blackwall, 2256 have given investors a capital gain of 12.19%. This compares averagely with the 11.06% for NSW as a whole.

The five-year average increase in median property values for Blackwall,2256 has given property investors a potential capital gain of 101.97% across each of those five years.

Our latest figures would indicate that property sellers in Blackwall are currently offering property investors an average price cut of -4.30% below the asking price at the moment.

The NSW suburb of Blackwall, 2256 is in the Gosford local government area.

If you compare the increase in value of investment property in Blackwall, 2256 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 39.66%.

Across a shorter period, Blackwall, 2256 has seen a median price increase of 8.97% over the last quarter.

Vendor discounting in Blackwall is giving property investors an average Vendor Discount of around -2.29%. This puts suburb at number 412th in NSW when ranking the most discounted suburbs.

At number 795 in a list of fastest selling suburbs, Blackwall is just in the bottom half of suburbs in Australia with an average of days on market 76.77 for properties listed there.

With the median price for a house in Blackwall being $607500 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 3.60%

Metrics i HOUSE UNIT
$718,000 $607,500
-1.31% 8.97%
12.19% 39.66%
8.03% 12.05%
$430 $420
39 23
3.11% 3.60%
42.93 76.77

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
Find a mortgage broker in Blackwall NSW
Demographics
Total population 1738
Median household income ($/weekly) 898
Median age of persons 45
Median housing loan repayment ($/monthly) 1820
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 187 10.8
    35-44 years 214 12.3
    45-54 years 234 13.5
    55-64 years 241 13.9
    65-74 years 199 11.5
    Others 662 38.1
    Age Group
    Census Count Percent(%)
    Not Married 648 48.9
    Registered Married 551 41.6
    Defacto Relationship 126 9.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1399 86.7
    Japan 10 0.6
    Papua New Guinea 15 0.9
    United Kingdom 85 5.3
    Other 33 2.0
    Others 71 4.4
    Country of Birth
    Census Count Percent(%)
    Christianity 1226 77.9
    No Religion 311 19.8
    Buddhism 24 1.5
    Other Religious Groups 8 0.5
    Islam 4 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 64 9.8
    $400-$599 96 14.6
    $600-$799 80 12.2
    $800-$999 83 12.7
    $1,500-$1,999 77 11.7
    Others 256 39.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 645 47.2
    Employed, worked full-time 390 28.6
    Employed, worked part-time 229 16.8
    Unemployed, looking for work 62 4.5
    Employed, away from work 40 2.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 99 15.0
    Technicians & trades workers 120 18.1
    Community & personal service workers 85 12.8
    Clerical & administrative workers 106 16.0
    Sales 74 11.2
    Others 178 26.9
    Occupation
    Census Count Percent(%)
    Pre-school 28 8.4
    Infants/Primary 111 33.1
    Secondary 106 31.6
    Technical or Further Educational Institution 38 11.3
    University or other Tertiary Institutions 42 12.5
    Others 10 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1290 79.3
    Flat, unit or apartment 262 16.1
    Semi-detached, row or terrace house, townhouse 69 4.2
    Caravan, cabin, houseboat 5 0.3
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 276 39.1
    Rented 229 32.5
    Being purchased 195 27.7
    Other tenure type 5 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals