Suburb Profile Report for Blackalls Park NSW (2283)

Blackalls Park House: Median price $365,000, Annual capital growth 3.18%, Number of sales 50, Weekly median advertised rent $355

Blackalls Park Unit: Median price $327,475, Annual capital growth 3.93%, Number of sales 16, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

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.

HOUSE UNIT
$365,000 $327,475
-0.54% -0.75%
-1.35% -0.01%
3.18% 3.93%
$355 N/A
50 16
5.06% N/A
63.62 46.5

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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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