Blackett

Blackett, NSW 2770, with a population of 3,586 residents, has a diverse demographic mix. The suburb has a slightly higher ratio of social housing at 23.3% and a rented ratio of 51.4%. The median household income weekly is $1,174, and the median mortgage repayment monthly is $1,733. Residents mostly commute by motor vehicle, with a notable WFH segment. Blackett presents a good opportunity for property investment, particularly for houses. The suburb has shown a high market absorption rate of 33.3%, indicating strong buyer demand. With a low vacancy rate of 1.7% and high online search interest, there is potential for capital growth. Blackett, NSW 2770, offers a mix of housing options, with a focus on investment in houses. The suburb's affordability index is low and has experienced positive median growth trends over the past years. It remains a suburb with growth potential and opportunities for property investors. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022