NSW has seen average median house prices change by 10.13% which means that Blackalls Park, 2283 has done well for property investors by showing a capital gain of 15.54% over the last year
Blackalls Park,2283 has offered an average of 15.54% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Blackalls Park are currently offering property investors an average price cut of -5.13% below the asking price at the moment.
Using the current median advertised rental of $372.5 and the average annual increase in value of a median property of 5.08%, investors should hope to achieve an overall return of 4.53%
With a capital gain of 6.17% for the last 12 months, Blackalls Park, 2283 has performed for property investments than its average annual 5.14% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Blackalls Park,2283 has racked up an average of 6.17% over the period. This ranks it number 928th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Blackalls Park 2283 should be seeing an average reduction in asking price of around -4.62% . This means that Blackalls Park is holding prices well when compared to other suburbs in NSW.
Blackalls Park, 2283’s gross rental yield is 4.88%