Suburb Profile Report for Bligh Park NSW (2756)

Bligh Park House: Median price $660,000, Annual capital growth 6.18%, Number of sales 93, Weekly median advertised rent $418

Bligh Park Unit: Median price $520,000, Annual capital growth 5.93%, Number of sales 18, Weekly median advertised rent $400

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: Monthly data update for Nov 2020 as supplied by CoreLogic. Data is reported to the period ending Aug 2020. Please note that property sales data is routinely updated, so may change retrospectively.

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With a capital gain of 0.76% for the last 12 months, Bligh Park, 2756 has performed for property investments than its average annual 6.18% property growth over the last 5 years.

The five-year average increase in median property values for Bligh Park,2756 has given property investors a potential capital gain of 20.00% across each of those five years.

Vendor discounting in Bligh Park is giving property investors an average Vendor Discount of around -3.13%. This puts suburb at number 504th in NSW when ranking the most discounted suburbs.

With a capital gain of 3.69% for the last 12 months, Bligh Park, 2756 has performed for property investments than its average annual 5.93% property growth over the last 5 years.

Taking the average capital gain, or increase in median house value, Bligh Park,2756 has racked up an average of 3.69% over the period. This ranks it number 856th in the whole country for real estate investors looking at median house price increases.

Information supplied by:

YIP MAG
May 2016

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On the extreme northwest fringe of Sydney, Bligh Park still offers relative affordability for a house in the NSW capital, despite a strong run of price growth in recent years.

According to CoreLogic RP Data, the median house price in Bligh Park, which is around 50km from the Sydney CBD, sits at $590,000, after growing by 58% over the past five years.

Despite the solid price rises seen in the suburb, it is still offering solid rental returns, with houses providing landlords with yields of around 4%.

For those concerned about its distance from Central Sydney, the positive is that Bligh Park is close to amenities in suburbs such as Richmond and Windsor.

Western Sydney University’s Hawkesbury Campus is in Richmond, and there are a number of schools in both Bligh Park and Windsor.

There are easily accessible train stations in Windsor and Richmond, and the air force base in Richmond is important to the local economy.

Metrics	HOUSE	UNIT
Median price	$660,000	$520,000
Quarterly growth	0.00%	0.97%
12-month growth	0.76%	3.69%
Average Annual Growth	6.18%	5.93%
Weekly median advertised rent	$418	$400
Number of sales	93	18
Gross rental yield	3.29%	4.00%
Days on market	44.952380952381	91.25

DSR Score for property investment : Above average (U), Good (H)

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Demographics

Total population	6493
Median household income ($/weekly)	1460
Median age of persons	28
Median housing loan repayment ($/monthly)	1954
Average household size	3

Census	Count	Percent(%)
0-4 years	631	9.7
5-14 years	1109	17.1
25-34 years	1091	16.8
35-44 years	923	14.2
45-54 years	885	13.6
Others	1854	28.6

Age Group

Census	Count	Percent(%)
Registered Married	2102	46.9
Not Married	1857	41.4
Defacto Relationship	525	11.7

Social Marital Status

Census	Count	Percent(%)
Australia	5609	89.4
Greece	22	0.4
Papua New Guinea	101	1.6
United Kingdom	267	4.3
Other	71	1.1
Others	206	3.3

Country of Birth

Census	Count	Percent(%)
Buddhism	32	0.5
Christianity	4987	81.6
Islam	18	0.3
Other Religious Groups	20	0.3
No Religion	1041	17.0
Others	15	0.2

Religious Affiliation

Census	Count	Percent(%)
$1,000-$1,249	224	11.6
$1,250-$1,499	203	10.5
$1,500-$1,999	336	17.4
$2,000-$2,499	270	14.0
$2,500-$2,999	178	9.2
Others	717	37.2

Gross Household Income (Weekly)

Census	Count	Percent(%)
Employed, worked full-time	2270	49.2
Not in the labour force	1086	23.5
Employed, worked part-time	894	19.4
Employed, away from work	196	4.2
Unemployed, looking for work	172	3.7

Person Characteristics

Census	Count	Percent(%)
Professionals	447	13.3
Technicians & trades workers	607	18.1
Community & personal service workers	391	11.7
Clerical & administrative workers	584	17.4
Sales	332	9.9
Others	994	29.6

Occupation

Census	Count	Percent(%)
Pre-school	186	10.1
Infants/Primary	710	38.5
Secondary	563	30.5
Technical or Further Educational Institution	184	10.0
University or other Tertiary Institutions	159	8.6
Others	43	2.3

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	5350	85.0
Semi-detached, row or terrace house, townhouse	946	15.0
Flat, unit or apartment	0	0.0
Caravan, cabin, houseboat	0	0.0
Improvised home, tent, sleepers out	0	0.0
Others	0	0.0