Giving property investors a an average capital gain of 8.53% for the last year, Blackwall, 2256 is the 1723th highest performer in Australia in this respect.
Blackwall,2256 was ranked 3438 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -4.41% to buyers in Blackwall at the moment, which is less than average for the rest of NSW.
Renters in Suburb are facing rents around $5280 per annum or $440 every week.
Blackwall has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 30.43% to date .
If we look at median property appreciation over just the last three months, Blackwall has given property investors a paper return of 9.09%. This puts Suburb as 41 on a list of fastest fasting appreciating suburbs in NSW
Vendor discounting in Blackwall is giving property investors an average Vendor Discount of around -2.02%. This puts suburb at number 434th in NSW when ranking the most discounted suburbs.
On average over the past year, suburb has had 2.17 sales per month, which equates to 26 per year.
Using the current median advertised rental of $420 and the average annual increase in value of a median property of 11.57%, investors should hope to achieve an overall return of 3.64%