Blackalls Park

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 10.67%.

A steady increase in median property prices over a five-year period in the suburb translates to a 28.68% capital gain.

Property investors in BLACKALLS PARK enjoyed capital gains of 10.67% over the last 12 months translating to higher 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 $830,000.

Profits due to an upward trend in home prices there averaged 9.56% per annum over a 3-year period.

Home owners selling their properties and realtors in BLACKALLS PARK usually have to wait an average of 50.5 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $660 mark, reflecting a 4.13% increase in returns based on the current median price in BLACKALLS PARK.

BLACKALLS PARK, 2283 places 545th in Australia based on median property value growth during the quarter.

Surburb overview

Blackalls Park is a residential lakeside suburb in the City of Lake Macquarie, NSW, with postcode 2283, situated on the western side of Lake Macquarie between Toronto, Fassifern and Fennell Bay. The suburb is about 27 kilometres south-west of Newcastle’s central business district, with roads connecting it to Toronto, Fassifern and other western Lake Macquarie communities.

The 2021 Census recorded about 2,800 residents in Blackalls Park, with separate houses forming the predominant type of residential accommodation. Housing occupies established streets extending from the Lake Macquarie shoreline towards Fassifern, with reserves and bushland interspersed through parts of the suburb.

Blackalls Park does not have a railway station; nearby Fassifern Station provides passenger rail services to Newcastle, the Central Coast and Sydney. Local bus services connect Blackalls Park with Toronto, Fassifern and surrounding suburbs, providing access to additional public transport connections and commercial centres.

Blackalls Park Public School provides primary education within the suburb, while Toronto High School and other educational facilities are available in nearby communities.

Residents can access some local businesses, while neighbouring Toronto provides supermarkets, pharmacies, medical practices, banks and a broader range of retail and professional services. Healthcare options are available in Toronto and surrounding suburbs, with larger hospitals and specialist facilities located elsewhere across Lake Macquarie and Newcastle.

Blackalls Park has direct frontage to Lake Macquarie, providing access to boating, kayaking, fishing and other water-based activities. Blackalls Park Foreshore Reserve provides public open space beside the lake, with opportunities for walking, picnicking, and informal recreation. Nearby Fennell Bay and Toronto contain additional foreshore reserves, boat-launching facilities and waterfront recreation areas.

The Fassifern-to-Toronto section of the former railway corridor has been adapted for shared recreational use, providing opportunities for walking and cycling across the wider area. Toronto also has sports grounds, playgrounds, and parks, adding further recreational options within a short distance of Blackalls Park. Bushland and local reserves around the suburb provide additional settings for walking, outdoor activity and observing native vegetation and wildlife.

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