Blacktown is a major suburb in New South Wales within the Blacktown local government area (postcode 2148). With a population of 50,961, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $92K per year, with an average household size of 2.9 people. The most common occupations are professionals, machinery operators & drivers, clerical & administrative. The top ancestries reported are Australian, English, Indian.
The median house price in Blacktown is $1.3 million, having grown strongly 10% over the past year. Units have a median price of $541,000 (+1.1% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $2,094.
Blacktown is served by 17 schools, including 9 primary, 6 secondary, 1 combined, 1 special. The average ICSEA score is 1006, which is around the national average of 1,000. Public transport access includes 1 rail station, 235 bus stops. Healthcare facilities include 1 public and 1 private hospitals. The crime rate in the Blacktown LGA is below average at 3,212 incidents per 100,000 population.
From an investment perspective, Blacktown offers a gross rental yield of 2.5%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 13.6x is considered stretched. House prices have moved +10.0% year-on-year.
Blacktown is a major suburb in New South Wales within the Blacktown local government area (postcode 2148). With a population of 50,961, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $92K per year, with an average household size of 2.9 people. The most common occupations are professionals, machinery operators & drivers, clerical & administrative. The top ancestries reported are Australian, English, Indian.
The median house price in Blacktown is $1.3 million, having grown strongly 10% over the past year. Units have a median price of $541,000 (+1.1% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $2,094.
Blacktown is served by 17 schools, including 9 primary, 6 secondary, 1 combined, 1 special. The average ICSEA score is 1006, which is around the national average of 1,000. Public transport access includes 1 rail station, 235 bus stops. Healthcare facilities include 1 public and 1 private hospitals. The crime rate in the Blacktown LGA is below average at 3,212 incidents per 100,000 population.
From an investment perspective, Blacktown offers a gross rental yield of 2.5%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 13.6x is considered stretched. House prices have moved +10.0% year-on-year.