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Blackwood
AREA REPORTS

Blackwood

Blackwood - SUBURB PROFILE REPORT
POSTAL CODE: SA, 5051

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 $715,000.

The upward trend in home prices in BLACKWOOD, 5051 averaged 11.64% per annum over a 3-year period.

Average weekly rents on listings have reached the $490 mark, reflecting a 3.56% increase in returns based on the current median price in BLACKWOOD.

An average of 6.5 real estate transactions take place per month in BLACKWOOD which translates to 78 per annum.

78 properties were sold in BLACKWOOD in 2016, making it the 36th most active market in SA based on total real estate transactions.

BLACKWOOD, 5051 places 255th in Australia based on median property value growth during the quarter.

Data report can be found below

Blackwood
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $715,000 $395,000
GROWTH REPORT
Median Quarterly 5.54% 0.1%
Median 12 month 7.32% 14.49%
Median 3 years 34.91% 25.4%
Median 5 years 43.57% 24.41%
10 years average annual 4.4% 3.68%
Weekly media advert. rent $490 $347.5
Time on Market 46.0 days 22.5 days
Gross Rental Yield Percent 3.56% 4.57%
demographics (median values)*
Total Population
14074
Weekly Household Income
1837
Household Size
2.70
Age
41
Monthly Loan Repayment
1842
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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