Suburb Profile Report for Blackbutt NSW (2529)

Blackbutt House: Median price $625,000, Annual capital growth 5.54%, Number of sales 43, Weekly median advertised rent $510

Blackbutt Unit: Median price $474,000, Annual capital growth 5.70%, Number of sales 34, Weekly median advertised rent $395

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 10.52% for the last 12 months, Blackbutt, 2529 has performed for property investments than its average annual 5.54% property growth over the last 5 years.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Blackbutt has increased when compared to the 5 year average annual rate.

LACK OF BUYER INTEREST may well be the reason that Blackbutt is offering property investors an average of -5.53. This rate of discount on properties puts Suburb at number 1051th in terms of most discounted suburbs in NSW

With a capital gain of 14.22% for the last 12 months, Blackbutt, 2529 has performed for property investments than its average annual 5.70% property growth over the last 5 years.

Taking the average capital gain, or increase in median house value, Blackbutt,2529 has racked up an average of 14.22% over the period. This ranks it number 385th in the whole country for real estate investors looking at median house price increases.

Property buyers and investors in Blackbutt 2529 should be seeing an average reduction in asking price of around -1.62% . This means that Blackbutt is holding prices well when compared to other suburbs in NSW.

Often selling an investment property can take time, and in Blackbutt the average time real estate has been on the market is 40.36 days.

HOUSE UNIT
$625,000 $474,000
0.00% 4.18%
10.52% 14.22%
5.54% 5.70%
$510 $395
43 34
4.24% 4.33%
59.37 40.36

Source: CoreLogic

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