Suburb Profile Report for Blackalls Park NSW (2283)

Blackalls Park House: Median price $437,500, Annual capital growth 4.76%, Number of sales 49, Weekly median advertised rent $370

Blackalls Park Unit: Median price $322,750, Annual capital growth 7.70%, Number of sales 10, 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 TOP 30% in NSW when comparing median price capital growth over the last year. Blackalls Park gave property investors a good capital gain figure when compared to the rest of the state, with 18.72%.

If we look at median property appreciation over just the last three months, Blackalls Park has given property investors a paper return of 5.42%. This puts Suburb as 269 on a list of fastest fasting appreciating suburbs in NSW

Property buyers and investors in Blackalls Park 2283 should be seeing an average reduction in asking price of around -5.38% . This means that Blackalls Park is holding prices well when compared to other suburbs in NSW.

Property investors should expect to get $370 weekly from the median priced house in this suburb.

Blackalls Park has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -2.18% to date .

Blackalls Park,2283 has offered an average of -2.18% return per annum in house price rises to property investors over the last three years.

The most recent median price for Blackalls Park is $322750, with sellers offering an average of -4.62% off the asking price.

Situated 102.20km from the CBD, Blackalls Park is one of Lake Macquarie localities in the postcode 2283.

Metrics i HOUSE UNIT
$437,500 $322,750
5.42% -7.52%
18.72% -2.18%
4.76% 7.70%
$370 $355
49 10
4.40% 5.72%
39.28 103.5

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Blackalls Park NSW
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
Chart Table
Recent sales & rentals