Suburb Profile Report for Blackalls Park NSW (2283)

Blackalls Park House: Median price $370,000, Annual capital growth 3.58%, Number of sales 57, Weekly median advertised rent $355

Blackalls Park Unit: Median price $342,000, Annual capital growth 6.87%, Number of sales 17, Weekly median advertised rent $355

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

Source: CoreLogic

  • House Report
  • Unit Report

Blackalls Park is in the bottom 20% in NSW when comparing median price capital growth over the last year. Blackalls Park gave property investors a dismal capital gain figure when compared to the rest of the state, with -1.99%.

Across a shorter period, Blackalls Park, 2283 has seen a median price increase of 0.00% over the last quarter.

Property buyers and investors in Blackalls Park 2283 should be seeing an average reduction in asking price of around -5.73% . This means that Blackalls Park is holding prices well when compared to other suburbs in NSW.

Residents and property investors in Blackalls Park have been waiting around 62 days to sell a property.

With the median price for a house in Blackalls Park being $370000 and the advertised rent reaching $355 the gross rental yield for property investors calculates out to be 4.99%

NSW has seen average median house prices change by 5.41% which means that Blackalls Park, 2283 has done well for property investors by showing a capital gain of 4.43% over the last year

Our latest figures would indicate that property sellers in Blackalls Park are currently offering property investors an average price cut of -4.70% below the asking price at the moment.

On average over the past year, suburb has had 1.42 sales per month, which equates to 17 per year.

Property investors should expect to get $355 weekly from the median priced house in this suburb.

HOUSE UNIT
$370,000 $342,000
0.00% 3.65%
-1.99% 4.43%
3.58% 6.87%
$355 $355
57 17
4.99% 5.40%
62 79.41

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
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Demographics
Total population 2762
Median household income ($/weekly) 986
Median age of persons 40
Median housing loan repayment ($/monthly) 1517
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 371 13.4
    25-34 years 284 10.3
    35-44 years 334 12.1
    45-54 years 364 13.2
    55-64 years 372 13.5
    Others 1037 37.5
    Age Group
    Census Count Percent(%)
    Registered Married 1019 48.1
    Not Married 928 43.8
    Defacto Relationship 173 8.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 2410 90.0
    Greece 11 0.4
    Papua New Guinea 28 1.0
    United Kingdom 130 4.9
    Other 35 1.3
    Others 63 2.4
    Country of Birth
    Census Count Percent(%)
    Christianity 1956 77.0
    No Religion 540 21.3
    Buddhism 32 1.3
    Other Religious Groups 10 0.4
    Hinduism 3 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 96 10.1
    $400-$599 142 15.0
    $600-$799 115 12.1
    $1,000-$1,249 95 10.0
    $1,500-$1,999 139 14.6
    Others 362 38.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 904 41.5
    Employed, worked full-time 706 32.4
    Employed, worked part-time 431 19.8
    Unemployed, looking for work 71 3.3
    Employed, away from work 65 3.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 166 13.8
    Technicians & trades workers 240 20.0
    Community & personal service workers 155 12.9
    Clerical & administrative workers 138 11.5
    Labourers 172 14.3
    Others 328 27.4
    Occupation
    Census Count Percent(%)
    Pre-school 44 6.9
    Infants/Primary 249 39.2
    Secondary 186 29.3
    Technical or Further Educational Institution 67 10.6
    University or other Tertiary Institutions 75 11.8
    Others 14 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2509 93.8
    Semi-detached, row or terrace house, townhouse 157 5.9
    Flat, unit or apartment 10 0.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 423 40.9
    Being purchased 362 35.0
    Rented 241 23.3
    Other tenure type 8 0.8
    Tenure Type
Census 2011, ABS
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Recent sales & rentals