Suburb Profile Report for Blackwall NSW (2256)

Blackwall House: Median price $770,000, Annual capital growth 8.11%, Number of sales 41, Weekly median advertised rent $420

Blackwall Unit: Median price $460,000, Annual capital growth 1.10%, Number of sales 17, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

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%

HOUSE UNIT
$770,000 $460,000
20.31% 5.75%
37.50% 7.12%
8.11% 1.10%
$420 $400
41 17
2.84% 4.52%
50.96 57.68

Source: CoreLogic

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