Blacksmiths is a small community in New South Wales within the Lake Macquarie local government area (postcode 2281). With a population of 1,881, the suburb has a mature demographic with a median age of 50. Households earn a median income of $65K per year, with an average household size of 2.3 people. The most common occupations are technicians & trades, professionals, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Blacksmiths is $1.3 million, having surged 30.2% over the past year. Units have a median price of $775,000 (+244.4% YoY). The current median weekly rent is $675. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,733.
Blacksmiths is served by 1 school, including 1 primary. The average ICSEA score is 1004, which is around the national average of 1,000. Public transport access includes 23 bus stops. The crime rate in the Lake Macquarie LGA is below average at 3,396 incidents per 100,000 population.
From an investment perspective, Blacksmiths offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 20.0x is considered stretched. House prices have moved +30.2% year-on-year.
Blacksmiths is a small community in New South Wales within the Lake Macquarie local government area (postcode 2281). With a population of 1,881, the suburb has a mature demographic with a median age of 50. Households earn a median income of $65K per year, with an average household size of 2.3 people. The most common occupations are technicians & trades, professionals, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Blacksmiths is $1.3 million, having surged 30.2% over the past year. Units have a median price of $775,000 (+244.4% YoY). The current median weekly rent is $675. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,733.
Blacksmiths is served by 1 school, including 1 primary. The average ICSEA score is 1004, which is around the national average of 1,000. Public transport access includes 23 bus stops. The crime rate in the Lake Macquarie LGA is below average at 3,396 incidents per 100,000 population.
From an investment perspective, Blacksmiths offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 20.0x is considered stretched. House prices have moved +30.2% year-on-year.