Suburb Profile Report for Blackwall NSW (2256)

Blackwall House: Median price $700,000, Annual capital growth 6.83%, Number of sales 42, Weekly median advertised rent $433

Blackwall Unit: Median price $480,000, Annual capital growth -0.45%, Number of sales 19, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Blackwall has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 21.74%

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

Property investors looking for a bargain in Blackwall should be aiming for at least -4.41% off the asking price, which is the average vendor discount being achieved at the moment.

Blackwall is in the TOP 30% in NSW when comparing median price capital growth over the last year. Blackwall gave property investors a good capital gain figure when compared to the rest of the state, with 11.77%.

Taking the average capital gain, or increase in median house value, Blackwall,2256 has racked up an average of 11.77% over the period. This ranks it number 421th in the whole country for real estate investors looking at median house price increases.

The most recent median price for Blackwall is $480000, with sellers offering an average of -1.88% off the asking price.

At number 308 in a list of fastest selling suburbs, Blackwall is in the TOP 30% of suburbs in Australia with an average of days on market 55.11 for properties listed there.

Situated 35.20km from the CBD, Blackwall is one of Gosford localities in the postcode 2256.

HOUSE UNIT
$700,000 $480,000
-0.36% 4.35%
21.74% 11.77%
6.83% -0.45%
$433 $400
42 19
3.21% 4.33%
55.15 55.11

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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