AREA REPORTS

Blackwood

SA/
Blackwood

Suburb Profile

Blackwood - FREE 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 $566,199.

The upward trend in home prices in BLACKWOOD, 5051 averaged 2.96% per annum over a 3-year period.

Average weekly rents on listings have reached the $450 mark, reflecting a 4.13% increase in returns based on the current median price in BLACKWOOD.

An average of 6 real estate transactions take place per month in BLACKWOOD which translates to 72 per annum.

72 properties were sold in BLACKWOOD in 2016, making it the 46th most active market in SA based on total real estate transactions.

BLACKWOOD, 5051 places 69th 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 $566,199 $301,750
GROWTH REPORT
Median Quarterly 4.08% 1.43%
Median 12 month 11.29% -3.36%
Median 3 years 8.88% -2.5%
Median 5 years 26.52% 0.58%
10 years average annual 3.46% 1.76%
Weekly media advert. rent $450 $297.5
Time on Market 49.7 days 66.3 days
Gross Rental Yield Percent 4.13% 5.13%
demographics (median values)
Total Population
3795
Weekly Household Income
1078
Household Size
2.40
demographics
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