Suburb Profile Report for Blackheath NSW (2785)

Blackheath House: Median price $602,500, Annual capital growth 6.50%, Number of sales 126, Weekly median advertised rent $400

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

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

  • House Report

Blackheath is an average performer in NSW when comparing median price capital growth over the last year. Blackheath gave property investors a good capital gain figure when compared to the rest of the state, with 2.55%.

Taking the average capital gain, or increase in median house value, Blackheath,2785 has racked up an average of 2.55% over the period. This ranks it number 1651th in the whole country for real estate investors looking at median house price increases.

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 Blackheath, 2785. Typically our figures indicate that -5.61% is being offered, which puts this NSW suburb at 1888th most discounted overall in Australia.

Renters in Suburb are facing rents around $20800 per annum or $400 every week.

Metrics i HOUSE UNIT
$602,500 N/A
1.26% N/A
2.55% N/A
6.50% N/A
$400 N/A
126 N/A
3.45% N/A
47.7349397590362 N/A

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

DSR Score for property investment : Very good (H), Good (U)
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Demographics
Total population 4569
Median household income ($/weekly) 919
Median age of persons 47
Median housing loan repayment ($/monthly) 1625
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 518 11.3
    35-44 years 601 13.2
    45-54 years 722 15.8
    55-64 years 794 17.4
    65-74 years 612 13.4
    Others 1322 28.9
    Age Group
    Census Count Percent(%)
    Registered Married 1344 44.1
    Not Married 1304 42.8
    Defacto Relationship 400 13.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 3151 80.1
    Greece 41 1.0
    Papua New Guinea 79 2.0
    United Kingdom 331 8.4
    Other 111 2.8
    Others 220 5.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 141 3.8
    Christianity 2069 55.9
    Islam 10 0.3
    Other Religious Groups 44 1.2
    No Religion 1420 38.4
    Others 15 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 178 10.9
    $400-$599 235 14.4
    $600-$799 192 11.8
    $800-$999 185 11.3
    $1,500-$1,999 183 11.2
    Others 657 40.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1413 43.0
    Employed, worked full-time 908 27.6
    Employed, worked part-time 732 22.3
    Employed, away from work 127 3.9
    Unemployed, looking for work 108 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 201 11.4
    Professionals 487 27.6
    Technicians & trades workers 244 13.8
    Community & personal service workers 232 13.2
    Clerical & administrative workers 207 11.7
    Others 393 22.3
    Occupation
    Census Count Percent(%)
    Pre-school 75 9.0
    Infants/Primary 276 33.1
    Secondary 192 23.0
    Technical or Further Educational Institution 135 16.2
    University or other Tertiary Institutions 126 15.1
    Others 30 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3652 96.5
    Semi-detached, row or terrace house, townhouse 110 2.9
    Flat, unit or apartment 19 0.5
    Caravan, cabin, houseboat 4 0.1
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 753 43.1
    Being purchased 561 32.1
    Rented 422 24.1
    Other tenure type 12 0.7
    Tenure Type
Census 2011, ABS
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