With a capital gain of 5.46% for the last 12 months, Blackbutt, 2529 has performed for property investments than its average annual 5.60% property growth over the last 5 years.
A 57.00% growth in median value for property investors in Blackbutt,2529 puts this suburb at number 566th in terms of best performing suburbs in NSW
Our latest figures would indicate that property sellers in Blackbutt are currently offering property investors an average price cut of -3.45% below the asking price at the moment.
At number 1540 in a list of fastest selling suburbs, Blackbutt is just in the top half of suburbs in Australia with an average of days on market 74.42 for properties listed there.
Situated 80.90km from the CBD, Blackbutt is one of Shellharbour localities in the postcode 2529.
Blackbutt is in the TOP 30% in NSW when comparing median price capital growth over the last year. Blackbutt gave property investors a good capital gain figure when compared to the rest of the state, with 11.67%.
If we look at median property appreciation over just the last three months, Blackbutt has given property investors a paper return of -2.09%. This puts Suburb as 470 on a list of fastest fasting appreciating suburbs in NSW
Property buyers and investors in Blackbutt 2529 should be seeing an average reduction in asking price of around -1.51% . This means that Blackbutt is holding prices well when compared to other suburbs in NSW.
On average over the past year, suburb has had 2.75 sales per month, which equates to 33 per year.
Situated 85.20km from the CBD, Blackbutt is one of Shellharbour localities in the postcode 2529.