Blackmans Point (postcode 2444) is a quiet locality in New South Wales within the Port Macquarie-Hastings local government area. It is home to about 178 residents, with a predominantly older resident base and a median age of 58. Households earn a median income of $38K per year, with an average household size of 1.9 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.5% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, professionals, community & personal service. Employment in the area leans toward construction and education. The top ancestries reported are English, Australian, Scottish.
Blackmans Point has a median house price of $605,000, which has fallen sharply by 12.9% year-on-year. The current median weekly rent is $600. This gives a gross rental yield of approximately 5.2%. 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 3,587 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 5.2% (high yield). Property prices sit below the state median ($605K/$1.5M), which can point to relative value. The price-to-income ratio of 15.8x is considered stretched. House prices have moved -12.9% year-on-year. Population growth of +1.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.