Suburb Profile Report for Blackbutt NSW (2529)

Blackbutt House: Median price $634,500, Annual capital growth 5.55%, Number of sales 38, Weekly median advertised rent $520

Blackbutt Unit: Median price $465,750, Annual capital growth 5.44%, Number of sales 28, Weekly median advertised rent $405

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

Source: CoreLogic

  • House Report
  • Unit Report

Blackbutt has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 6.10% to date .

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

Vendor discounting in Blackbutt is giving property investors an average Vendor Discount of around -6.17%. This puts suburb at number 373th in NSW when ranking the most discounted suburbs.

Blackbutt, 2529’s gross rental yield is 4.26%

Giving property investors a a stable capital gain of 8.31% for the last year, Blackbutt, 2529 is the 480th highest performer in Australia in this respect.

Over the longer term, Blackbutt has seen property prices show investors a 24.20% return over the last 3 years. This is worse than over the last 12 months

Sellers are offering property buyers an average discount of -1.48% to buyers in Blackbutt at the moment, which is less than average for the rest of NSW.

On average over the past year, suburb has had 2.33 sales per month, which equates to 28 per year.

With the median price for a house in Blackbutt being $465750 and the advertised rent reaching $405 the gross rental yield for property investors calculates out to be 4.52%

HOUSE UNIT
$634,500 $465,750
0.87% -2.77%
6.10% 8.31%
5.55% 5.44%
$520 $405
38 28
4.26% 4.52%
75.69 33.42

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (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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Recent sales & rentals