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Blacktown Suburb Insights

VIC
Location Information

Suburb Name

Blacktown, VIC

Distance from CBD

12.2 km
Demographics

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