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Blackett vs Fennell Bay

Property investment comparison - Blackett, NSW 2770 vs Fennell Bay, NSW 2283

Head-to-head across core investment metrics: Blackett wins 1, Fennell Bay wins 2. 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.

MetricBlackettFennell Bay
Median house price$870K$870K
Median unit price--
Gross rental yield (houses)-3.89%
Gross rental yield (units)3.25%5.14%
1-year house growth+7.5%+11.4%estimate
3-year house growth+29.5%-
Vacancy rate0.9%1.1%
Population3,5861,780

Blackett vs Fennell Bay: what the numbers say

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

Over the past year house prices moved +7.5% in Blackett and +11.4% in Fennell Bay (an estimate), so recent momentum favours Fennell Bay, although both suburbs recorded growth.

Rental vacancy is 0.9% in Blackett and 1.1% in Fennell Bay, 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 1,780, roughly 2.0 times the size of Fennell Bay; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Fennell Bay 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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