Suburb Profile Report for Bligh Park NSW (2756)

Bligh Park House: Median price $690,000, Annual capital growth 7.78%, Number of sales 81, Weekly median advertised rent $460

Bligh Park Unit: Median price $523,500, Annual capital growth 7.53%, Number of sales 30, Weekly median advertised rent $410

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

At number 1453th in the list of Australian suburbs ordered by increase in median house value over the last year, Bligh Park, 2756 is in the top 40% with a property value increase of 11.29% recorded in median house prices.

While Bligh Park,2756 ranked number 598th in NSW for increase in median house value (annualised) increase, it is ranked 409th over the last 5 years.

Sellers are offering property buyers an average discount of -4.11% to buyers in Bligh Park at the moment, which is less than average for the rest of NSW.

At number 518 in a list of fastest selling suburbs, Bligh Park is just in the top half of suburbs in Australia with an average of days on market 49.48 for properties listed there.

Renters in Suburb are facing rents around $5520 per annum or $460 every week.

Bligh Park has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 6.84% to date .

Over the longer term, Bligh Park has seen property prices show investors a 34.23% 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 Bligh Park is offering property investors an average of -4.11. This rate of discount on properties puts Suburb at number 184th in terms of most discounted suburbs in NSW

Bligh Park, 2756’s gross rental yield is 4.07%

YIP MAG 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.Full summary 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.Close
Metrics i HOUSE UNIT
$690,000 $523,500
2.60% 2.80%
11.29% 6.84%
7.78% 7.53%
$460 $410
81 30
3.47% 4.07%
49.48 27.36

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in Bligh Park NSW
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
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1010 48.0
    Rented 764 36.3
    Fully owned 323 15.3
    Other tenure type 8 0.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals