Property investors who have had real estate in Blackalls Park, 2283 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.32%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Blackalls Park has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -5.73% to buyers in Blackalls Park at the moment, which is less than average for the rest of NSW.
Situated 100.70km from the CBD, Blackalls Park is one of Lake Macquarie localities in the postcode 2283.
Blackalls Park has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 4.43% to date .
Blackalls Park,2283 has offered an average of 4.43% 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 -4.70% below the asking price at the moment.