Blackett
Investment Score
74
/100
AI Intelligence Summary
Blackett is an affordable residential suburb located 45km west of Sydney CBD in the City of Blacktown. This culturally diverse community offers a mix of housing types including detached houses, townhouses, and units, making it particularly attractive to first home buyers and young families. The suburb benefits from proximity to Blacktown CBD for shopping and services, with access to local parks, community centers, and sporting facilities. Public transport connectivity is provided through bus services to Blacktown Station, offering rail access to Sydney CBD. The area features several local primary schools and is close to Blacktown Hospital for medical services. As part of Greater Western Sydney, Blackett is positioned to benefit from broader regional infrastructure development plans. The property market remains active with steady growth, offering good value compared to Sydney averages while maintaining moderate rental yields between 4.5-5.5%. The suburb's multicultural character, combined with its affordability and family-friendly amenities, positions it as a solid choice for residents seeking accessible suburban living within reasonable commuting distance of Sydney's employment centers.
Strengths
- •Affordable housing market compared to Sydney average
- •Strong multicultural community with diverse cultural amenities
- •Proximity to Blacktown CBD and major shopping centers
- •Good public transport links via bus to Blacktown Station
Opportunities
- •Beneficiary of Western Sydney infrastructure development
- •Potential for continued property value growth
- •Growing multicultural business opportunities
- •Infrastructure improvements planned for region
Considerations
- •Distance from Sydney CBD may limit employment options
- •Limited local employment opportunities within suburb
- •Dependence on public transport for CBD access
- •Competition from other affordable Western Sydney suburbs
Property Market
$720K
+8.2% 1yr
$485K
+6.8% 1yr
$620K
$660/wk
$485/wk
32
2.4%
68.0%
Price Growth
| Type | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| House | +8.2% | +22.4% | +38.6% |
| Unit | +6.8% | +18.2% | +32.4% |
Rental Yields
House Yield
4.8%
Unit Yield
5.2%
Townhouse Yield
4.9%
Investment Scorecard
Demand/Supply Ratio: 1.40
Demand exceeds supply — favourable for sellers
Tax & Financial Intelligence
CPA-grade analysis for Blackett at median house price
Save $26,930
+8% surcharge
$660/wk
Negatively geared
Reduces taxable income
~$248/week
Based on 7.7% p.a. growth (from 5-year trend), 50% CGT discount, 39% MTR
5-Year Hold
10-Year Hold
Investor Quick Summary
Entry cost (stamp duty)
$26,930
After-tax yield
2.93%
Weekly holding cost
$248/wk
10yr CGT (est.)
$148,992
Estimates based on FY2025 NSW rates at median house price. Assumes 80% LVR, 6.5% interest rate, 39% marginal tax rate ($135K-$190K bracket). Individual circumstances vary. This is general information only and not personal financial advice. Consult your CPA before making investment decisions. Local Knowledge Pty Ltd — Registered Tax Agent.
Demographics
3,200
34
$68K
per annum
58.0%
28.0%
22.0%
6.2%
48.0%
Dwelling Mix
Lifestyle & Community
12
8
1
45.0 km
Nearest Station: Blacktown Station
Suburban family lifestyle with access to parks, community centers, and multicultural amenities while maintaining connectivity to broader Sydney
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Data sourced from multiple sources. Last updated 27 March 2026.