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Blackalls Park
AREA REPORTS

Blackalls Park

Blackalls Park - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2283

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Homeowners and real estate investors betting on BLACKALLS PARK, 2283 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 16.41%.

A steady increase in median property prices over a five-year period in the suburb translates to a 28.06% capital gain.

Property investors in BLACKALLS PARK enjoyed capital gains of 16.41% over the last 12 months translating to lower returns compared with its peers in the territory.

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 $576,250.

Profits due to an upward trend in home prices there averaged 9.35% per annum over a 3-year period.

Home owners selling their properties and realtors in BLACKALLS PARK usually have to wait an average of 32.3 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $385 mark, reflecting a 3.47% increase in returns based on the current median price in BLACKALLS PARK.

BLACKALLS PARK, 2283 places 912th in Australia based on median property value growth during the quarter.

Data report can be found below

Blackalls Park
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $576,250 $447,500
GROWTH REPORT
Median Quarterly 3.83% 4.07%
Median 12 month 16.41% N/A
Median 3 years 28.06% 5.29%
Median 5 years 55.74% 35.63%
10 years average annual 7.09% 8.11%
Weekly media advert. rent $385 $377.5
Time on Market 32.3 days 0.0 days
Gross Rental Yield Percent 3.47% 4.39%
demographics (median values)*
Total Population
23300
Weekly Household Income
1225
Household Size
2.50
Age
46
Monthly Loan Repayment
1733
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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