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.