Blackmans Point is a quiet locality in New South Wales within the Port Macquarie-Hastings local government area (postcode 2444). With a population of 178, the suburb has an older demographic with a median age of 58. Households earn a median income of $38K per year, with an average household size of 1.9 people. The most common occupations are managers, professionals, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Blackmans Point is $1.2 million, having dropped significantly 46.7% over the past year. The current median weekly rent is $595. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $2,089.
Public transport access includes 2 bus stops. The crime rate in the Port Macquarie-Hastings LGA is below average at 3,538 incidents per 100,000 population.
From an investment perspective, Blackmans Point offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 31.3x is considered stretched. House prices have moved -46.7% year-on-year.
Blackmans Point is a quiet locality in New South Wales within the Port Macquarie-Hastings local government area (postcode 2444). With a population of 178, the suburb has an older demographic with a median age of 58. Households earn a median income of $38K per year, with an average household size of 1.9 people. The most common occupations are managers, professionals, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Blackmans Point is $1.2 million, having dropped significantly 46.7% over the past year. The current median weekly rent is $595. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $2,089.
Public transport access includes 2 bus stops. The crime rate in the Port Macquarie-Hastings LGA is below average at 3,538 incidents per 100,000 population.
From an investment perspective, Blackmans Point offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 31.3x is considered stretched. House prices have moved -46.7% year-on-year.