All Suburbs

Blackett

NSW 2770LGA: Blacktown City

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

Median House

$720K

+8.2% 1yr

Median Unit

$485K

+6.8% 1yr

Median Townhouse

$620K

Rent (House)

$660/wk

Rent (Unit)

$485/wk

Days on Market

32

Vacancy Rate

2.4%

Auction Clearance

68.0%

Price Growth

Type1 Year3 Year5 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

Overall Investment Score74/100
Growth Potential76/100
Cashflow Score72/100
Risk Score (lower = safer)68/100
Affordability Index68/100

Demand/Supply Ratio: 1.40

Demand exceeds supply — favourable for sellers

Tax & Financial Intelligence

CPA-grade analysis for Blackett at median house price

Standard transfer
$26,930
First Home Buyer
Exempt

Save $26,930

Foreign buyer surcharge
$57,600

+8% surcharge

Annual rent income
$34,320

$660/wk

Interest (80% LVR @ 6.5%)
-$37,440
Other expenses (~2.5%)
-$18,000
Net rental position
-$21,120

Negatively geared

Tax benefit (39% MTR)
+$8,237

Reduces taxable income

After-tax holding cost
$12,883/yr

~$248/week

Based on 7.7% p.a. growth (from 5-year trend), 50% CGT discount, 39% MTR

5-Year Hold

Est. value
$1.04M
Capital gain
$293,743
After discount
$146,872
CGT payable
$57,280

10-Year Hold

Est. value
$1.51M
Capital gain
$764,063
After discount
$382,031
CGT payable
$148,992

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

Population

3,200

Median Age

34

Median Income

$68K

per annum

Family Households

58.0%

Professionals

28.0%

University Educated

22.0%

Unemployment

6.2%

Born Overseas

48.0%

Dwelling Mix

Houses: 68%Units: 22%Townhouses: 10%Total: 1,280

Lifestyle & Community

Walkability58/100
Public Transport6/10
Schools Rating6/10
Safety7/10
Family Friendly8/10
Cafes & Restaurants

12

Parks

8

Hospitals

1

Distance to CBD

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.

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