Giving property investors a a stable capital gain of 15.23% for the last year, Blackheath, 2785 is the 865th highest performer in Australia in this respect.
While Blackheath,2785 ranked number 275th in NSW for increase in median house value (annualised) increase, it is ranked 571th over the last 5 years.
Property investors looking for a bargain in Blackheath should be aiming for at least -4.11% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Blackheath the average time real estate has been on the market is 32.73 days.
Advertised rents are around the $400 mark per week – giving a return of 3.53% based on the median price in Suburb