Blackmans Flat is a quiet locality in New South Wales within the Lithgow local government area (postcode 2790). With a population of 22, the suburb has an established demographic with a median age of 38. Households earn a median income of $117K per year, with an average household size of 3.8 people. The top ancestries reported are English, Australian, Scottish.
The median house price in Blackmans Flat is $625,000, having dropped significantly 25.1% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $2,167.
Public transport access includes 1 bus stop. The crime rate in the Lithgow LGA is moderate at 4,769 incidents per 100,000 population.
From an investment perspective, Blackmans Flat offers a gross rental yield of 3.7%, rated as moderate yield. Property prices sit below the state median ($625K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.3x is considered affordable. House prices have moved -25.1% year-on-year.
Blackmans Flat is a quiet locality in New South Wales within the Lithgow local government area (postcode 2790). With a population of 22, the suburb has an established demographic with a median age of 38. Households earn a median income of $117K per year, with an average household size of 3.8 people. The top ancestries reported are English, Australian, Scottish.
The median house price in Blackmans Flat is $625,000, having dropped significantly 25.1% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $2,167.
Public transport access includes 1 bus stop. The crime rate in the Lithgow LGA is moderate at 4,769 incidents per 100,000 population.
From an investment perspective, Blackmans Flat offers a gross rental yield of 3.7%, rated as moderate yield. Property prices sit below the state median ($625K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.3x is considered affordable. House prices have moved -25.1% year-on-year.