Blacktown suburb profile
Blacktown is a bustling suburb located in the Greater Western Sydney region, approximately 34km from the Sydney CBD. Known for its cultural diversity and vibrant community, Blacktown offers a rich tapestry of experiences, from its bustling shopping precincts to its numerous parks and recreational facilities. The suburb is well-served by public transport, including a major railway station, making it a convenient hub for commuters. Blacktown is home to a mix of residential, commercial, and industrial areas, providing a dynamic environment for both residents and businesses. Its strong community spirit and growing infrastructure continue to attract families and professionals seeking a balanced urban lifestyle.
Blacktown property market performance
Current median dwelling price$743,000Past 3 months
Property growth+2.0%Past 12 months
Blacktown’s property market has shown varied performance over the past 12 months. House values have increased by 7.3%, bringing the median house price to approximately $1.07 million. In contrast, unit values have remained stable, with the median unit price holding at $418,000, indicating a steady demand for units.
Sales activity has been robust, with 95 houses and 35 units sold over the past 12 months. Houses are selling more quickly, with a median of 40 days on the market, compared to 67 days for units, suggesting stronger demand for houses.
The rental market in Blacktown has seen moderate growth, with house rents increasing by 5.1% and unit rents by 3.2% over the last 12 months. The average rent for houses is $620, while units average $550, reflecting a healthy rental demand in the area.
Houses | Units | |
---|---|---|
Median price Past 3 months | $1.07M | $418K |
Change in value Past 12 months | 7.3% | -3.4% |
Sold Past 3 months | 95 | 35 |
Median days on market Past 12 months | 40 | 67 |
Average rent Past 12 months | $620 | $550 |
Change in rent Past 12 months | 5.1% | 3.2% |
5 year median price trend for houses and units
Blacktown demographics
Blacktown, located in the Greater Western Sydney region, is a bustling suburb known for its cultural diversity and family-friendly environment. With a population of 50,961, it is one of the larger suburbs in the area, offering a vibrant community atmosphere. The median age of 34 suggests a youthful and dynamic population, with many young families and professionals calling Blacktown home. The suburb's proximity to major transport links and amenities makes it an attractive option for those seeking convenience and accessibility.
Family life is a significant aspect of Blacktown, with 50.7% of households being couple families with children, reflecting its appeal to those raising families. Additionally, 29.9% of households are couple families without children, and 16.9% are one-parent families, showcasing a diverse range of family structures. The suburb's community-oriented nature is further highlighted by the presence of various parks, schools, and recreational facilities that cater to residents of all ages.
In terms of housing, Blacktown offers a mix of ownership and rental options. 22.4% of properties are owned outright, while 32.8% are owned with a mortgage, indicating a stable housing market with opportunities for both established homeowners and new buyers. The rental market is also robust, with 44.8% of properties being rented, appealing to those seeking flexibility. Blacktown's blend of affordability, community spirit, and accessibility makes it a desirable location for a wide range of residents, from young families to professionals and retirees.
Blacktown infrastructure, key developments and investment opportunities
Blacktown is experiencing significant infrastructure developments that could influence its property market. The $700 million Blacktown Hospital redevelopment, set to be completed in 2026, will enhance healthcare facilities and potentially boost nearby property values. Additionally, the ongoing Westpoint Shopping Centre upgrade, including new retail spaces and dining options, aims to revitalize the town center and increase foot traffic.
Transport improvements, such as the planned Sydney Metro Western Sydney Airport line with a station at Westmead, will enhance connectivity to other parts of Sydney. The continued development of the Western Sydney Employment Area is also creating new job opportunities close to Blacktown. These projects, combined with Blacktown's affordability compared to inner Sydney suburbs, are likely to sustain strong demand for properties in the area.
Blacktown rental market trends
The rental market in Blacktown has experienced moderate growth, with house rents increasing by 5.1% over the past year to $620 per week, while unit rents have risen 3.2% to $550 per week. As a key suburb in Sydney's west, Blacktown continues to attract renters and investors with its affordability and ongoing infrastructure developments.
Suburbs near Blacktown
Some popular suburbs near Blacktown include:
How does Blacktown compare to nearby suburbs?
- Median house prices: Blacktown’s median house price is 2.9% lower than Lalor Park’s.
- House price growth: Over the past 12 months, house prices in Blacktown have grown 9.4% higher than in Kings Langley.
- Unit price growth: Property prices in nearby Seven Hills have risen 5.9% more than in Blacktown over the past year.
- Selling speed for houses: Properties in Blacktown are selling 35.5% faster than in Kings Langley.
- Selling speed for units: Properties in Blacktown are selling 28.7% faster than in Seven Hills.
- Investment considerations: In Blacktown, the rental yield for house is 29.0% lower than the Sydney average, while the rental yield for units is 26.2% lower.
- House price growth: Over the past 12 months, house prices in Blacktown have grown 44.8% lower than the average rate of growth across Sydney.
- Unit price growth:Over the past 12 months, unit prices in Blacktown have grown 49.3% lower than the average rate of growth for units across Sydney.