Blackwall has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 37.50% to date .
While Blackwall,2256 ranked number 15th in NSW for increase in median house value (annualised) increase, it is ranked 7th over the last 5 years.
Our latest figures would indicate that property sellers in Blackwall are currently offering property investors an average price cut of -4.31% below the asking price at the moment.
Residents and property investors in Blackwall have been waiting around 50.96 days to sell a property.
Property investors should expect to get $420 weekly from the median priced house in this suburb.
Over the last year, property investments in Blackwall, 2256 have given investors a capital gain of 7.12%. This compares averagely with the 5.59% for NSW as a whole.
Across a shorter period, Blackwall, 2256 has seen a median price increase of 5.75% over the last quarter.
At number 461th of NSW’s most discounted properties, Blackwall is in the TOP 10% of the state/territory when listing in order of most discounted to least.
With the median price for a house in Blackwall being $460000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 4.52%