Suburb Profile Report for Blacktown NSW (2148)

Blacktown House: Median price $745,500, Annual capital growth 9.23%, Number of sales 506, Weekly median advertised rent $430

Blacktown Unit: Median price $530,000, Annual capital growth 7.97%, Number of sales 360, Weekly median advertised rent $400

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

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%.

Metrics i HOUSE UNIT
$745,500 $530,000
1.81% 1.29%
9.63% 11.11%
9.23% 7.97%
$430 $400
506 360
3.00% 3.92%
59.25 42.4

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 43374
Median household income ($/weekly) 1174
Median age of persons 33
Median housing loan repayment ($/monthly) 1907
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 5687 13.1
    25-34 years 7758 17.9
    35-44 years 6124 14.1
    45-54 years 5276 12.2
    55-64 years 3973 9.2
    Others 14557 33.6
    Age Group
    Census Count Percent(%)
    Registered Married 16337 51.2
    Not Married 13726 43.0
    Defacto Relationship 1861 5.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 21767 52.7
    Croatia 991 2.4
    Indonesia 3855 9.3
    Philippines 2072 5.0
    Other 4623 11.2
    Others 7958 19.3
    Country of Birth
    Census Count Percent(%)
    Christianity 26300 64.8
    Hinduism 3601 8.9
    Islam 3206 7.9
    Other Religious Groups 2049 5.1
    No Religion 4557 11.2
    Others 852 2.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 1293 10.0
    $600-$799 1285 10.0
    $1,000-$1,249 1395 10.8
    $1,500-$1,999 1867 14.5
    $2,000-$2,499 1330 10.3
    Others 5739 44.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 12685 39.2
    Not in the labour force 11905 36.8
    Employed, worked part-time 4970 15.4
    Unemployed, looking for work 1596 4.9
    Employed, away from work 1198 3.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 2982 15.8
    Technicians & trades workers 2643 14.0
    Clerical & administrative workers 3333 17.7
    Machinery operators & drivers 2198 11.7
    Labourers 2252 11.9
    Others 5446 28.9
    Occupation
    Census Count Percent(%)
    Pre-school 738 6.8
    Infants/Primary 3567 33.1
    Secondary 2792 25.9
    Technical or Further Educational Institution 1527 14.1
    University or other Tertiary Institutions 1655 15.3
    Others 513 4.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 30538 73.7
    Semi-detached, row or terrace house, townhouse 5844 14.1
    Flat, unit or apartment 5002 12.1
    House or flat attached to a shop, office 48 0.1
    Caravan, cabin, houseboat 3 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 5088 36.4
    Rented 4967 35.5
    Fully owned 3838 27.5
    Other tenure type 86 0.6
    Tenure Type
Census 2011, ABS
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