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.