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Balcolyn vs Blackett

Property investment comparison - Balcolyn, NSW 2264 vs Blackett, NSW 2770

Head-to-head across core investment metrics: Balcolyn wins 1, Blackett wins 3. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricBalcolynBlackett
Median house price$870K$870K
Median unit price$580K-
Gross rental yield (houses)3.70%-
Gross rental yield (units)5.12%3.25%
1-year house growth+3.4%+7.5%
3-year house growth+10.7%+29.5%
Vacancy rate2.6%0.9%
Population1,0023,586

Balcolyn vs Blackett: what the numbers say

Houses cost about the same in both suburbs: the median house price is $870K in Balcolyn and $870K in Blackett.

Over the past year house prices moved +3.4% in Balcolyn and +7.5% in Blackett, so recent momentum favours Blackett, although both suburbs recorded growth.

Looking back three years, Balcolyn houses are +10.7% and Blackett houses +29.5%, so Blackett has compounded faster than Balcolyn over the longer window.

Rental vacancy is 0.9% in Blackett and 2.6% in Balcolyn, so landlords in Blackett face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Blackett is the bigger suburb, with a population of 3,586 against 1,002, roughly 3.6 times the size of Balcolyn; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Blackett for recent price momentum, Blackett for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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