Property investors who have had real estate in Blackett, 2770 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 3.41%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Blackett has increased when compared to the 5 year average annual rate.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Blackett, 2770. Typically our figures indicate that -4.25% is being offered, which puts this NSW suburb at 3072th most discounted overall in Australia.
Using the current median advertised rental of $337.5 and the average annual increase in value of a median property of 8.46%, investors should hope to achieve an overall return of 3.86%