All About Blacktown, NSW 2148

Blacktown Real Estate Market Outlook

Thinking about buying in Blacktown? Now could not be a better time, with 26015 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,117,000 with prices in this suburb ranging from $10,000 to $97,579,000. The approximate distance to the coast is 27 Km.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Blacktown is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Blacktown provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Blacktown to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

Blacktown is a suburb in Greater Western Sydney, New South Wales. Its local government area is the City of Blacktown. Blacktown is a sprawling suburb, the largest township in New South Wales, and has a sizeable population of 47,176 people. It is renowned for its multiculturalism and diversity, more so than any other township in Greater Sydney, which gives the suburb its own unique sense of character. The land on which Blacktown now sits was once inhabited by groups of the Darug aboriginal people, prior to European settlement and formal establishment in 1821. The arrival of railways in the 1850s and 60s lead Blacktown to thrive, with a post office opening in 1862 and a school in 1877.

Located 34 kilometres west of Sydney’s Business District, Blacktown contains several schools, a railway station, an arts centre and many other amenities, providing both convenience and excitement for its residents. Blacktown is home to the Blacktown International Sportspark, which was constructed to host certain events during the 2000 Sydney Olympic Games, as well as an aquatics centre and several wildlife reserves. In summary, Blacktown is a vibrant, exhilarating place full of history and character.

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