Suburb Profile Report for Blackwall NSW (2256)

Blackwall House: Median price $634,500, Annual capital growth 6.70%, Number of sales 44, Weekly median advertised rent $420

Blackwall Unit: Median price $432,500, Annual capital growth 3.13%, Number of sales 12, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Blackwall have tracked just higher than the NSW average of 7.93% over the last 12 months.

While Blackwall,2256 ranked number 549th in NSW for increase in median house value (annualised) increase, it is ranked 48th 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 -4.07% below the asking price at the moment.

Advertised rents are around the $420 mark per week – giving a return of 3.44% based on the median price in Suburb

If you compare the increase in value of investment property in Blackwall, 2256 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 1.24%.

While Blackwall,2256 ranked number 249th in NSW for increase in median house value (annualised) increase, it is ranked 57th over the last 5 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 Blackwall, 2256. Typically our figures indicate that -2.65% is being offered, which puts this NSW suburb at 1354th most discounted overall in Australia.

Blackwall is 145th on a list of best yielding suburbs for rents in NSW with a 4.81% return

HOUSE UNIT
$634,500 $432,500
1.60% 0.58%
14.84% 1.24%
6.70% 3.13%
$420 $400
44 12
3.44% 4.81%
48.39 54.81

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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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
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