Suburb Profile Report for Blackbutt NSW (2529)

Blackbutt House: Median price $740,000, Annual capital growth 7.22%, Number of sales 31, Weekly median advertised rent $540

Blackbutt Unit: Median price $531,000, Annual capital growth 7.46%, Number of sales 18, Weekly median advertised rent $430

  • 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 Blackbutt, 2529 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 16.54%

If we look at median property appreciation over just the last three months, Blackbutt has given property investors a paper return of 3.50%. This puts Suburb as 252 on a list of fastest fasting appreciating suburbs in NSW

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Blackbutt, 2529. Typically our figures indicate that -5.38% is being offered, which puts this NSW suburb at 1996th most discounted overall in Australia.

A $540 per week rent on the median house gives suburb investors a gross yield of circa 3.79%, without taking into account capital value appreciation, which has been averaging out at 7.22%.

At number 362th in the list of Australian suburbs ordered by increase in median house value over the last year, Blackbutt, 2529 is in the top 30% with a property value increase of 12.74% recorded in median house prices.

The most recent median price for Blackbutt is $531000, with sellers offering an average of -3.23% off the asking price.

At number 278 in a list of fastest selling suburbs, Blackbutt is in the TOP 20% of suburbs in Australia with an average of days on market 47.43 for properties listed there.

Metrics i HOUSE UNIT
$740,000 $531,000
3.50% N/A
16.54% 12.74%
7.22% 7.46%
$540 $430
31 18
3.79% 4.21%
109.81 47.43

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 3158
Median household income ($/weekly) 1230
Median age of persons 37
Median housing loan repayment ($/monthly) 2000
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 445 14.1
    25-34 years 384 12.2
    35-44 years 445 14.1
    45-54 years 479 15.2
    55-64 years 409 13.0
    Others 996 31.5
    Age Group
    Census Count Percent(%)
    Registered Married 1300 53.6
    Not Married 945 39.0
    Defacto Relationship 181 7.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 2323 75.8
    Germany 149 4.9
    Japan 28 0.9
    United Kingdom 174 5.7
    Other 142 4.6
    Others 248 8.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 31 1.0
    Christianity 2472 82.9
    Islam 31 1.0
    Other Religious Groups 10 0.3
    No Religion 423 14.2
    Others 14 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 87 8.5
    $400-$599 106 10.4
    $600-$799 93 9.1
    $1,500-$1,999 130 12.7
    $2,000-$2,499 94 9.2
    Others 514 50.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 912 37.0
    Not in the labour force 890 36.1
    Employed, worked part-time 470 19.1
    Employed, away from work 98 4.0
    Unemployed, looking for work 95 3.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 240 16.2
    Technicians & trades workers 225 15.2
    Clerical & administrative workers 230 15.5
    Sales 180 12.1
    Labourers 165 11.1
    Others 443 29.9
    Occupation
    Census Count Percent(%)
    Pre-school 69 8.7
    Infants/Primary 271 34.3
    Secondary 260 32.9
    Technical or Further Educational Institution 82 10.4
    University or other Tertiary Institutions 100 12.6
    Others 9 1.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2451 79.0
    Semi-detached, row or terrace house, townhouse 539 17.4
    Flat, unit or apartment 113 3.6
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 409 36.1
    Being purchased 385 34.0
    Rented 333 29.4
    Other tenure type 6 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals