Property investors who have had real estate in Blackalls Park, 2283 should be pleased 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 19.46%
If we look at median property appreciation over just the last three months, Blackalls Park has given property investors a paper return of 0.56%. This puts Suburb as 750 on a list of fastest fasting appreciating suburbs in NSW
Vendor discounting in Blackalls Park is giving property investors an average Vendor Discount of around -4.40%. This puts suburb at number 760th in NSW when ranking the most discounted suburbs.
With the median price for a house in Blackalls Park being $445000 and the advertised rent reaching $372.5 the gross rental yield for property investors calculates out to be 4.35%
With a capital gain of 16.08% for the last 12 months, Blackalls Park, 2283 has performed for property investments than its average annual 8.55% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Blackalls Park,2283 has racked up an average of 16.08% over the period. This ranks it number 518th in the whole country for real estate investors looking at median house price increases.