Property investors who have had real estate in Blacktown, 2148 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 9.63%
When looking at the potential capital gains offered to property investors over the last 3 years, Blacktown comes in at number 572th in NSW.
LACK OF BUYER INTEREST may well be the reason that Blacktown is offering property investors an average of -5.24. This rate of discount on properties puts Suburb at number 452th in terms of most discounted suburbs in NSW
Property investors should expect to get $430 weekly from the median priced house in this suburb.
At number 455th in the list of Australian suburbs ordered by increase in median house value over the last year, Blacktown, 2148 is in the top 30% with a property value increase of 11.11% recorded in median house prices.
Over the longer term, Blacktown has seen property prices show investors a 39.47% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Blacktown is offering property investors an average of -4.11. This rate of discount on properties puts Suburb at number 79th in terms of most discounted suburbs in NSW
Often selling an investment property can take time, and in Blacktown the average time real estate has been on the market is 42.4 days.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 3.92%, without taking into account capital value appreciation, which has been averaging out at 7.97%.