Suburb Profile Report for Blackbutt NSW (2529)

Blackbutt House: Median price $689,950, Annual capital growth 6.18%, Number of sales 33, Weekly median advertised rent $510

Blackbutt Unit: Median price $470,000, Annual capital growth 6.08%, Number of sales 18, Weekly median advertised rent $410

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Blackbutt has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.86%

Comparing Blackbutt,2529 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

The most recent median price for Blackbutt is $689950, with sellers offering an average of -4.54% off the asking price.

Residents and property investors in Blackbutt have been waiting around 79.93 days to sell a property.

Blackbutt is 462th on a list of best yielding suburbs for rents in NSW with a 3.84% return

At number 875th in the list of Australian suburbs ordered by increase in median house value over the last year, Blackbutt, 2529 is in the BOTTOM 50% with a property value increase of 3.30% recorded in median house prices.

The five-year average increase in median property values for Blackbutt,2529 has given property investors a potential capital gain of 60.41% across each of those five years.

Blackbutt, 2529 is offering NSW ‘s 237th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.

Often selling an investment property can take time, and in Blackbutt the average time real estate has been on the market is 37.26 days.

Situated 85.25km from the CBD, Blackbutt is one of Shellharbour localities in the postcode 2529.

Metrics i HOUSE UNIT
$689,950 $470,000
8.65% -0.21%
9.86% 3.30%
6.18% 6.08%
$510 $410
33 18
3.84% 4.54%
79.93 37.26

Source: CoreLogic

DSR Score for property investment : Good (H), Very good (U)
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Demographics
Total population 3158
Median household income ($/weekly) 1230
Median age of persons 37
Median housing loan repayment ($/monthly) 2000
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 445 14.1
    25-34 years 384 12.2
    35-44 years 445 14.1
    45-54 years 479 15.2
    55-64 years 409 13.0
    Others 996 31.5
    Age Group
    Census Count Percent(%)
    Registered Married 1300 53.6
    Not Married 945 39.0
    Defacto Relationship 181 7.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 2323 75.8
    Germany 149 4.9
    Japan 28 0.9
    United Kingdom 174 5.7
    Other 142 4.6
    Others 248 8.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 31 1.0
    Christianity 2472 82.9
    Islam 31 1.0
    Other Religious Groups 10 0.3
    No Religion 423 14.2
    Others 14 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 87 8.5
    $400-$599 106 10.4
    $600-$799 93 9.1
    $1,500-$1,999 130 12.7
    $2,000-$2,499 94 9.2
    Others 514 50.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 912 37.0
    Not in the labour force 890 36.1
    Employed, worked part-time 470 19.1
    Employed, away from work 98 4.0
    Unemployed, looking for work 95 3.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 240 16.2
    Technicians & trades workers 225 15.2
    Clerical & administrative workers 230 15.5
    Sales 180 12.1
    Labourers 165 11.1
    Others 443 29.9
    Occupation
    Census Count Percent(%)
    Pre-school 69 8.7
    Infants/Primary 271 34.3
    Secondary 260 32.9
    Technical or Further Educational Institution 82 10.4
    University or other Tertiary Institutions 100 12.6
    Others 9 1.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2451 79.0
    Semi-detached, row or terrace house, townhouse 539 17.4
    Flat, unit or apartment 113 3.6
    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 409 36.1
    Being purchased 385 34.0
    Rented 333 29.4
    Other tenure type 6 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals