Suburb Profile Report for Blackbutt NSW (2529)

Blackbutt House: Median price $628,000, Annual capital growth 5.60%, Number of sales 39, Weekly median advertised rent $510

Blackbutt Unit: Median price $469,000, Annual capital growth 5.57%, Number of sales 33, 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 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.

HOUSE UNIT
$628,000 $469,000
2.28% -2.09%
5.46% 11.67%
5.60% 5.57%
$510 $395
39 33
4.22% 4.38%
74.42 39.28

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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