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.