Blackbutt is a compact suburb in New South Wales within the Shellharbour local government area (postcode 2529). With a population of 3,291, the suburb has a settled mid-life population with a median age of 43. Households earn a median income of $83K per year, with an average household size of 2.6 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.9% year-on-year at the LGA level. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, technicians & trades, clerical & administrative. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Macedonian.
Median house prices in Blackbutt stand at $1.3 million, having climbed sharply by 24.2% over the last twelve months. Units have a median price of $770,000 (+14.9% YoY). The current median weekly rent is $785. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $2,000.
Public transport access includes 22 bus stops. The crime rate in the Shellharbour LGA is below average at 2,875 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 3.2% (moderate yield). Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 15.5x is considered stretched. House prices have moved +24.2% year-on-year. Population growth of +1.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.