Blackwater, located in the Central Highlands of Queensland, has a housing market that reflects its roots as a mining town. Traditionally, Blackwater's real estate has been heavily influenced by the fluctuations in the mining industry, which is a significant economic driver in the area. During periods of mining booms, property prices and rental rates tend to increase as the demand surges from both workers and their families moving into the area. Conversely, during downturns, there is typically a drop in both housing demand and prices. As of the most recent trends, the market has shown some stabilization, with modestly priced properties attracting both investors and first-time home buyers who are drawn by the town's potential for growth as mining activities fluctuate.
Living in Blackwater offers a unique blend of small-town charm and community-centric living, anchored by its close-knit population. The town is known for its welcoming atmosphere, where residents often engage in local community events and social gatherings. Due to its relatively remote location, Blackwater offers tranquility and a slower pace of life, which appeals to those looking to escape the hustle and bustle of larger cities. The town provides essential amenities, including schools, healthcare facilities, and shopping options, although residents often travel to nearby Emerald for more extensive services and entertainment options. Surrounded by natural beauty, Blackwater also offers outdoor recreational activities, making it an appealing choice for those who enjoy nature and outdoor pursuits.
| Median Weekly Rent | $203.14 |
| Median Monthly Mortgage | $1092.93 |
| Median Persons Per bed houseroom | 0.77 |
| Average Household Size | 2.79 |
| Average Age | 31.07 |
| Average Income | $1320.43 |
| Average Cars Per Dwelling | 1.90 |
| Average Properties Within 50M | 9 |
| Typical 1 bed house | $318,000 |
| Typical 2 bed house | $325,000 |
| Typical 3 bed house | $230,000 |
| Typical 4 bed house | $341,000 |
| Typical 5 bed house | $986,000 |
| Typical 6 bed+ house | $520,000 |
Housing Stock
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Thinking about buying in Blackwater? Now could not be a better time, with 3337 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $317,000 with prices in this suburb ranging from $12,000 to $21,041,000. The aproximate distance to the coast is 135 Km.
In Blackwater 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 Blackwater 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 Blackwater 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. Lower than average population density constrains growth in Blackwater to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Blackwater 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.
Instant Property ValuationBlackwater State High School
Blackwater North State School
Blackwater State School
(While the above schools are located with the suburb of Blackwater 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 | 3.4 | 22.6 | 36.2 | 29.0 | 72.3 | 3.5 | 26.2 |
| Feb | 1.1 | 22.0 | 36.8 | 23.9 | 63.3 | 3.5 | 25.5 |
| Mar | 1.0 | 19.8 | 35.5 | 20.6 | 58.1 | 2.9 | 23.0 |
| Apr | 0.4 | 14.8 | 31.6 | 20.2 | 60.6 | 3.4 | 21 |
| May | 0.4 | 10.5 | 25.9 | 25.2 | 68.5 | 2.5 | 17.3 |
| Jun | 0.2 | 6.1 | 22.7 | 27 | 76.2 | 2.5 | 15.9 |
| Jul | 0.2 | 5.4 | 23.8 | 20.7 | 66.6 | 2.8 | 16.9 |
| Aug | 0.0 | 6.1 | 25.5 | 15.7 | 55 | 3.1 | 19.5 |
| Sept | 0.3 | 11.6 | 30.5 | 13.9 | 47.4 | 3.4 | 23.0 |
| Oct | 0.4 | 15.2 | 33.4 | 16.0 | 51.4 | 3.4 | 26.4 |
| Nov | 0.8 | 19.9 | 36.7 | 15.1 | 50.1 | 3.6 | 27.8 |
| Dec | 3.0 | 21.7 | 36.8 | 22.2 | 63.0 | 3.6 | 26.4 |
source: Australian Government Bureau of Meteorology
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