Suburb Profile Report for Blackwood SA (5051)

Blackwood House: Median price $660,000, Annual capital growth 3.55%, Number of sales 52, Weekly median advertised rent $500

Blackwood Unit: Median price $411,250, Annual capital growth 4.36%, Number of sales 14, Weekly median advertised rent $330

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

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report
  • Unit Report

If you compare the increase in value of investment property in Blackwood, 5051 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was 9.54%.

The five-year average increase in median property values for Blackwood,5051 has given property investors a potential capital gain of 32.00% across each of those five years.

Blackwood, 5051 is offering SA ‘s 119th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this SA.

Blackwood, 5051’s gross rental yield is 3.94%

Giving property investors a a solid capital gain of 38.24% for the last year, Blackwood, 5051 is the 26th highest performer in Australia in this respect.

If we look at median property appreciation over just the last three months, Blackwood has given property investors a paper return of -7.30%. This puts Suburb as 139 on a list of fastest fasting appreciating suburbs in SA

Situated 10.40km from the CBD, Blackwood is one of Mitcham (C) localities in the postcode 5051.

Information supplied by:


April 2019

M
O

W
E

Slow and steady growth trend

Postcode: 5051

Median unit price: $310,000

Three-year growth: 7.4%

Rental yield: 4.9%

A lush green spot tucked into the foothills of Adelaide, the suburb of Blackwood provides a country lifestyle without being too far from the city.

Units carry a low price tag here at a median value of just $310,000. At the same time it has steadily been on the growth trend since 2014 while offering reasonable yields of 4.9%

Nature abounds in this area, with the Wittunga Botanic Garden showcasing both Australian and South African flora. At Sturt Gorge Recreation Park, those on a walking or cycling trail may even chance upon animal icons like kangaroos and koalas exploring the park. Waterfalls, creeks and other bodies of water are abundant as well.

The Blackwood railway station is the centre of public transport in the area, with both buses and trains passing through.

Metrics i HOUSE UNIT
$660,000 $411,250
-1.86% -7.30%
9.54% 38.24%
3.55% 4.36%
$500 $330
52 14
3.94% 4.17%
54.84375 24.2

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Excellent (H), Good (U)
Find a mortgage broker in Blackwood SA
Demographics
Total population 4052
Median household income ($/weekly) 1313
Median age of persons 44
Median housing loan repayment ($/monthly) 1605
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 418 10.3
    35-44 years 557 13.7
    45-54 years 609 15.0
    55-64 years 600 14.8
    65-74 years 393 9.7
    Others 1475 36.4
    Age Group
    Census Count Percent(%)
    Registered Married 1629 51.4
    Not Married 1258 39.7
    Defacto Relationship 284 9.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 3054 77.7
    Greece 48 1.2
    Papua New Guinea 31 0.8
    United Kingdom 496 12.6
    Other 95 2.4
    Others 208 5.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 54 1.5
    Christianity 2082 56.3
    Islam 13 0.4
    Other Religious Groups 32 0.9
    No Religion 1498 40.5
    Others 22 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 155 10.2
    $600-$799 147 9.7
    $1,500-$1,999 184 12.2
    $2,000-$2,499 168 11.1
    $2,500-$2,999 138 9.1
    Others 721 47.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1186 35.6
    Not in the labour force 1126 33.8
    Employed, worked part-time 801 24.0
    Employed, away from work 121 3.6
    Unemployed, looking for work 98 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 228 10.8
    Professionals 750 35.6
    Technicians & trades workers 250 11.9
    Community & personal service workers 200 9.5
    Clerical & administrative workers 296 14.1
    Others 382 18.1
    Occupation
    Census Count Percent(%)
    Pre-school 50 5.0
    Infants/Primary 331 33.4
    Secondary 244 24.6
    Technical or Further Educational Institution 82 8.3
    University or other Tertiary Institutions 248 25.0
    Others 37 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3438 89.4
    Semi-detached, row or terrace house, townhouse 349 9.1
    Flat, unit or apartment 58 1.5
    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 696 42.5
    Being purchased 666 40.7
    Rented 259 15.8
    Other tenure type 17 1.0
    Tenure Type
Census 2011, ABS
Chart Table