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Blackwood, SA 5051
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,110,000
market range $600K-$1.3M
Median Unit
$700,000
market range $650K-$725K
Gross Yield (houses)
3.1%
1yr Growth (houses)
+7.1%
market range +2.5% to +10.0%
Investment snapshot for Blackwood
Blackwood has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Blackwood market and investor summary
In Blackwood, SA 5051, the median house sells for around $1.1M, on a gross rental yield of 3.1% for houses. House prices have moved +7.1% over the past year and +39.4% over three years. At 0.4% vacancy, it is a tight rental market that favours landlords.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.1% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 0.4% and a resident base that is not shrinking.
Living in Blackwood: people, income and schools
Blackwood is home to around 4,266 people, and the area has been growing steadily, up about 7% over five years. At a median age of 45, it reads as skewed a little older, and 82% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $89,000 a year (about $1,720 a week). On socio-economic measures it ranks among the most advantaged in the country (9 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 12.4 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 12% over five years, which tends to underpin what local buyers can pay.
Families have 22 schools within roughly 5km to choose from, testing a little above the national school average on ICSEA. Blackwood sits about 11 km from the CBD. Some errands can be done on foot, though a car still helps; the suburb scores 56 for walkability and 10 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.
- Population
- 4,266
- +7% over 5yr
- Median age
- 45 years
- Median household income
- $89,000/yr
- Households renting
- 15%
- Family households
- 70%
- Socio-economic rank
- 9/10
- ABS advantage index
- Schools within 5km
- 22
- avg ICSEA 1070
- Unemployment
- 1.1%
- Distance to CBD
- 11 km
- Walk score
- 56/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Blackwood
View all →Frequently asked questions about Blackwood
What should I check before investing in Blackwood?
Blackwood has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +7.1% in the past year shows positive recent price momentum. 3-year capital growth of +39.4% shows sustained momentum, not just a single-year spike. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Blackwood?
The median property price in Blackwood, SA 5051 is $1.1M for houses and $700K for units.
What rental yield does Blackwood show?
The gross rental yield in Blackwood is 3.1% for houses and 3.9% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Blackwood?
House prices in Blackwood are up 7.1% over the past year and up 39.4% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Blackwood?
The current vacancy rate in Blackwood is 0.4%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Blackwood?
Blackwood has a population of approximately 4,266 residents, with a median age of 45.
What schools are near Blackwood?
There are 22 schools within roughly 5km of Blackwood. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Blackwood affordable to buy in?
A median house in Blackwood costs about 12.4 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Blackwood's population growing?
The population of Blackwood has grown about 7% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Blackwood from the CBD?
Blackwood is about 11 km from the CBD.
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