Investment property in Blackett has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 14.94%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Blackett has increased when compared to the 5 year average annual rate.
Property buyers and investors in Blackett 2770 should be seeing an average reduction in asking price of around -2.76% . This means that Blackett is holding prices well when compared to other suburbs in NSW.
With the median price for a house in Blackett being $525000 and the advertised rent reaching $340 the gross rental yield for property investors calculates out to be 3.37%