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Blacktown Suburb Insights
VICLocation Information
Suburb Name
Blacktown, VIC
Distance from CBD
12.2 kmDemographics
Population
47,176
Median Income
$31,980
Area Information
Area
16.06 km²
Population Density
2937 people/km²
Property Market
Median Price
$1,020,206
Annual Growth
+12.1%Property Price Trend Analysis
Current Median Price
$1,020,206
Annual Growth
+12.1%
Quarterly Growth
+4.1%
Price Trends - Last 6 Months
2024-01
$819,092
+6.7%2024-02
$484,510
+8.2%2024-03
$657,420
+11.2%2024-04
$717,984
+10.9%2024-05
$1,142,160
+12.4%2024-06
$634,553
+13.3%Property Type Price Analysis
House
Median Price
$1,287,252
Growth Rate
+10.5%Available Listings
365 properties
Apartment
Median Price
$653,513
Growth Rate
+13.8%Available Listings
763 properties
Townhouse
Median Price
$571,296
Growth Rate
+7.8%Available Listings
298 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy