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AREA REPORTS

Blackwall

Suburb Profile

Blackwall - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2256

house
unit

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $659,500.

The downward trend in home prices in BLACKWALL, 2256 averaged -2.28% per annum over a 3-year period.

Average weekly rents on listings have reached the $392.5 mark, reflecting a 3.09% increase in returns based on the current median price in BLACKWALL.

An average of 1.5 real estate transactions take place per month in BLACKWALL which translates to 18 per annum.

18 properties were sold in BLACKWALL in 2016, making it the 923rd most active market in NSW based on total real estate transactions.

BLACKWALL, 2256 places 148th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $659,500 $575,000
GROWTH REPORT
Median Quarterly 7.24% 3.6%
Median 12 month -7.44% 10.58%
Median 3 years -6.85% 6.98%
Median 5 years 29.31% 41.98%
10 years average annual 7% 7.67%
Weekly media advert. rent $392.5 $410
Time on Market 0.0 days 0.0 days
Gross Rental Yield Percent 3.09% 3.71%
demographics (median values)
Total Population
1861
Weekly Household Income
746.5
Household Size
2.20
demographics
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