Over the last year, property investments in Blackwall, 2256 have given investors a capital gain of 12.19%. This compares averagely with the 11.06% for NSW as a whole.
The five-year average increase in median property values for Blackwall,2256 has given property investors a potential capital gain of 101.97% across each of those five years.
Our latest figures would indicate that property sellers in Blackwall are currently offering property investors an average price cut of -4.30% below the asking price at the moment.
The NSW suburb of Blackwall, 2256 is in the Gosford local government area.
If you compare the increase in value of investment property in Blackwall, 2256 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 39.66%.
Across a shorter period, Blackwall, 2256 has seen a median price increase of 8.97% over the last quarter.
Vendor discounting in Blackwall is giving property investors an average Vendor Discount of around -2.29%. This puts suburb at number 412th in NSW when ranking the most discounted suburbs.
At number 795 in a list of fastest selling suburbs, Blackwall is just in the bottom half of suburbs in Australia with an average of days on market 76.77 for properties listed there.
With the median price for a house in Blackwall being $607500 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 3.60%