Thinking about buying in Blackmans Point? Now could not be a better time, with just 140 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,334,000 with prices in this suburb ranging from $612,000 to $2,207,000. Blackmans Point is located fairly close to the coast at just 5Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
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In Blackmans Point there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Blackmans Point is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Blackmans Point leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Blackmans Point the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
58 MCMILLAN DR, BLACKMANS POINT, NSW, 2444 | 4 | 3 | 3 | Offers over $1.5mil |
None within suburb boundary
(While the above schools are located with the suburb of Blackmans Point there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 4.0 | 20.8 | 28.8 | 60.0 | 88.6 | 5.2 | 24.1 |
Feb | 10.5 | 20.1 | 28.1 | 60.8 | 91.2 | 4.5 | 19.3 |
Mar | 11.9 | 18.9 | 26.7 | 63.1 | 92.5 | 4.5 | 15.8 |
Apr | 4.3 | 15.2 | 24.7 | 56.4 | 92.5 | 3.8 | 14.9 |
May | 3.0 | 12 | 22.6 | 52.9 | 92.2 | 3.4 | 12.3 |
Jun | 3.3 | 9.8 | 20.1 | 54.0 | 91.5 | 3.7 | 11.0 |
Jul | 1.1 | 7.7 | 20.2 | 47.3 | 92.9 | 3.4 | 12 |
Aug | 1.7 | 8.0 | 21.2 | 43.0 | 92.0 | 3.7 | 15.2 |
Sept | 2.1 | 11.3 | 22.9 | 46.7 | 90.2 | 4.5 | 17.7 |
Oct | 3.5 | 14.0 | 24.1 | 53.8 | 90.7 | 4.6 | 20.7 |
Nov | 1.2 | 16.5 | 26.5 | 49.8 | 87.5 | 5.1 | 24.9 |
Dec | 6.5 | 19.0 | 27.4 | 57.9 | 88.5 | 5.2 | 23.0 |
source: Australian Government Bureau of Meteorology
26-02-2024 | $2,250,000 | 24 HOSKING RD |
23-01-2023 | $2,215,000 | 334 BLACKMANS POINT RD |
11-10-2022 | $1,675,000 | 40 MCMILLAN DR |
01-06-2020 | $1,450,000 | 48 HOSKING RD |
29-11-2019 | $530,000 | 150 THE HATCH ROAD |
31-05-2019 | $1,006,000 | 155 BLACKMANS POINT RD |
20-02-2019 | $605,000 | 120 MCMILLAN DR |
24-01-2019 | $925,000 | 106 MCMILLAN DR |
17-01-2019 | $695,000 | 353 BLACKMANS POINT RD |
19-12-2018 | $600,000 | 469 BLACKMANS POINT RD |
15-12-2017 | $735,000 | 455 BLACKMANS POINT RD |
13-11-2017 | $890,000 | 155 BLACKMANS POINT RD |
27-09-2017 | $760,000 | 385 BLACKMANS POINT RD |
07-09-2016 | $600,000 | 367 BLACKMANS POINT RD |
30-06-2016 | $830,000 | 221 BLACKMANS POINT RD |
27-05-2016 | $900,000 | 340 BLACKMANS POINT RD |
18-01-2016 | $775,000 | 98 MCMILLAN DR |
17-12-2015 | $665,000 | 360 BLACKMANS POINT RD |
23-09-2015 | $885,000 | 155 BLACKMANS POINT RD |
31-07-2015 | $545,000 | 335 BLACKMANS POINT RD |
22-05-2015 | $1,235,000 | 477 BLACKMANS POINT RD |
28-04-2015 | $425,000 | 150 THE HATCH ROAD |
12-09-2014 | $585,000 | 76 MCMILLAN DR |
25-07-2014 | $690,000 | 106 MCMILLAN DR |
28-02-2014 | $430,000 | 125 THE HATCH ROAD |
05-06-2013 | $825,000 | 155 BLACKMANS POINT RD |
29-11-2012 | $785,000 | 40 MCMILLAN DR |
04-12-2009 | $680,000 | 68 MCMILLAN DR |
25-08-2008 | $880,000 | 40 MCMILLAN DR |
14-03-2008 | $750,000 | 334 BLACKMANS POINT RD |
25-06-2007 | $430,000 | 114 MCMILLAN DR |
06-10-2005 | $260,000 | 95 THE HATCH RD |
30-09-2005 | $225,000 | 125 THE HATCH RD |
07-03-2005 | $545,000 | 60 MCMILLAN DR |
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