Suburb Profile Report for Blackbutt NSW (2529)

Blackbutt House: Median price $710,000, Annual capital growth 6.52%, Number of sales 39, Weekly median advertised rent $520

Blackbutt Unit: Median price $480,000, Annual capital growth 6.32%, Number of sales 19, Weekly median advertised rent $410

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Blackbutt, 2529 have given investors a capital gain of 15.64%. This compares favourably with the 11.06% for NSW as a whole.

A 57.78% growth in median value for property investors in Blackbutt,2529 puts this suburb at number 879th in terms of best performing suburbs in NSW

Property investors looking for a bargain in Blackbutt should be aiming for at least -4.60% off the asking price, which is the average vendor discount being achieved at the moment.

At number 2432 in a list of fastest selling suburbs, Blackbutt is in the bottom 40% of suburbs in Australia with an average of days on market 88.86 for properties listed there.

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

Investment property in Blackbutt has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.21%

When looking at the potential capital gains offered to property investors over the last 3 years, Blackbutt comes in at number 465th in NSW.

LACK OF BUYER INTEREST may well be the reason that Blackbutt is offering property investors an average of -4.13. This rate of discount on properties puts Suburb at number 242th in terms of most discounted suburbs in NSW

At number 190 in a list of fastest selling suburbs, Blackbutt is in the TOP 20% of suburbs in Australia with an average of days on market 42 for properties listed there.

Metrics i HOUSE UNIT
$710,000 $480,000
1.07% 2.35%
15.64% 0.21%
6.52% 6.32%
$520 $410
39 19
3.81% 4.44%
88.86 42

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