Property value increases in Blackalls Park have tracked lower than the NSW average of 6.38% over the last 12 months.
Taking the average capital gain, or increase in median house value, Blackalls Park,2283 has racked up an average of -1.35% over the period. This ranks it number 2072th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -6.18% to buyers in Blackalls Park at the moment, which is less than average for the rest of NSW.
Situated 100.40km from the CBD, Blackalls Park is one of Lake Macquarie localities in the postcode 2283.
Blackalls Park is in the bottom 30% in NSW when comparing median price capital growth over the last year. Blackalls Park gave property investors a disappointing capital gain figure when compared to the rest of the state, with -0.01%.
Blackalls Park,2283 has offered an average of -0.01% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Blackalls Park should be aiming for at least -3.36% off the asking price, which is the average vendor discount being achieved at the moment.
At number 175 in a list of fastest selling suburbs, Blackalls Park is in the TOP 20% of suburbs in Australia with an average of days on market 46.5 for properties listed there.