Blackwood, located in the Moorabool Shire of Victoria, offers a unique blend of natural beauty and a close-knit community atmosphere, making it an appealing option for prospective homebuyers. The housing market in Blackwood is generally characterized by somewhat more affordable price points compared to larger cities, attracting both families looking to settle down and retirees seeking a peaceful environment. Properties in Blackwood range from charming older-style homes to more modern builds, often situated on generous parcels of land. The demand in this area has seen a steady increase in recent years, as more people are drawn to the balance of tranquil living with accessibility to essential services and neighboring towns.
Living in Blackwood provides residents with a serene, nature-focused lifestyle. Surrounded by lush forests and national parks, the town offers numerous outdoor activities, such as hiking, bird watching, and exploring local flora and fauna, making it perfect for nature enthusiasts. The community is known for its friendly locals and a selection of small businesses that cater to everyday needs, fostering a sense of belonging and support. The area is also steeped in a rich history, with remnants of the gold rush era still evident, adding a unique charm to the town. Overall, Blackwood is an ideal location for those seeking a peaceful, rural lifestyle while still being within a manageable distance to urban centers like Ballarat and Melbourne.
Median Weekly Rent | $289.00 |
Median Monthly Mortgage | $1675.50 |
Median Persons Per bed houseroom | 0.80 |
Average Household Size | 2.75 |
Average Age | 43.25 |
Average Income | $804.25 |
Average Cars Per Dwelling | 2.26 |
Average Properties Within 50M | 3 |
Typical 1 bed house | $633,000 |
Typical 2 bed house | $590,000 |
Typical 3 bed house | $798,000 |
Typical 4 bed house | $961,000 |
Housing Stock
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Thinking about buying in Blackwood? Now could not be a better time, with just 426 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $680,000 with prices in this suburb ranging from $157,000 to $1,332,000. The aproximate distance to the coast is 54 Km.
Consistent high demand relative to supply is a key feature in Blackwood driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Blackwood ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Blackwood classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Blackwood requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Instant Property ValuationUnit 4, 3-5 Albert Place, Blackwood, SA, 5051 | 2 | 1 | 1 | ||
Unit 4, 3 Railway Terrace, Blackwood, SA, 5051 | 4 | 1 | 3 |
None within suburb boundary
(While the above schools are located with the suburb of Blackwood there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.3 | 13.1 | 25.2 | 37.4 | 86.6 | 3.0 | 26.1 |
Feb | 1.3 | 13.1 | 24.6 | 39.3 | 85.7 | 2.9 | 23.3 |
Mar | 1.6 | 11.1 | 21.2 | 47.3 | 91.2 | 2.7 | 17.8 |
Apr | 2.0 | 10.3 | 18.2 | 51.8 | 89.4 | 2.6 | 13.2 |
May | 3.7 | 7.8 | 13.1 | 65.2 | 92 | 2.9 | 9.0 |
Jun | 4.2 | 5.8 | 10.5 | 71.6 | 94.1 | 3.1 | 8.4 |
Jul | 4.2 | 5.1 | 9.9 | 70.9 | 95.2 | 3.6 | 8.2 |
Aug | 3.9 | 5.1 | 10.5 | 66.5 | 95.1 | 3.7 | 10.4 |
Sept | 3.6 | 6.5 | 13.8 | 54.3 | 93.2 | 3.6 | 15.1 |
Oct | 2.2 | 8.0 | 17.2 | 47.3 | 90.3 | 3.2 | 20.8 |
Nov | 1.3 | 9.2 | 19.7 | 42.3 | 91.6 | 2.8 | 24.8 |
Dec | 1.1 | 11.8 | 23.6 | 36.0 | 83.7 | 2.8 | 27.4 |
source: Australian Government Bureau of Meteorology
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