Investment property in Blackett has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.96%
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.
LACK OF BUYER INTEREST may well be the reason that Blackett is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 685th in terms of most discounted suburbs in NSW
Advertised rents are around the $350 mark per week – giving a return of 3.79% based on the median price in Suburb