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Bligh Park, NSW 2756

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Bligh Park, NSW 2756 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Bligh Park, NSW 2756”

  1. The total adult population (15 years or older) of Bligh Park 2756 NSW is 4,788, with a median age of 32. Of those, 43.69% are married, 13.72% are divorced or separated, 39.35% are single and 3.28% are widowed.

    The average household size is 2.8 people per dwelling, and the median household monthly income is estimated to be $9,000. The median monthly mortgage repayment for households in this suburb is $2,167 which is 24.08% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated in New South Wales, the suburb of Bligh Park 2756 is home to an estimated 2,412 households. In the third quarter of 2023, the property market for houses in this area has some interesting dynamics.

    The typical prices for houses in Bligh Park 2756 are valued at an average of $844,301. Rental properties are fetching a median weekly rent of $509, which amounts to an indicative yield of 3.13%. This yield meets the minimum market requirement of 3%, which makes it an attractive market for investors who are focused on cashflow.

    The socio-economic health of Bligh Park is relatively good as indicated by an IRSAD score of 970 out of 1217; this indicates a population having good access to economic resources and a high level of professional skills. For property investors, the renter to owner ratio stands at 35%. Though slightly above the ideal 30% or below, it’s still in a range where high competition among property investors isn’t excessive.

    Interestingly, the units to houses ratio is 0% in Bligh Park. This shows a complete dominance of houses in the property market, which generally attracts longer tenancy periods with more families being interested.

    The ‘Affordability Index’ or ‘Years to Own’ a property in Bligh Park is assessed at 37 years, which is relatively high, indicating decreased affordability in the area. This could potentially impact demand for property purchases in the longer term.

    As for supply metrics, the suburb has a low Stock-on-Market Percentage at 0.14% for houses, which is favourable for property sellers and investors alike. The inventory level, denoting ‘Months of Supply’, stands at an impressively low 0.41 months, pointing to efficient absorption of new property listings into the market.

    Interestingly, the building approvals Ratio is zero for houses, indicating very low potential for an increase in dwelling stock.

    Property sales have a brisk pace in Bligh Park, as the average days on market for houses stand at 35 days, indicating a high demand. With a combined vacancy rate of 1.31% for both houses and units, this further emphasises the high demand for rental properties.

    As per the online search ratios, the buy search index for houses is at 4, which is within the neutral range.

    Overall, despite some challenges with affordability and a slightly higher than ideal renter to owner ratio, Bligh Park 2756 appears to strike a balance between supply and demand, making it an area to certainly consider for property investors. To get an even more comprehensive understanding, investors should also consider employing tools such as the RCS or ‘Relative Composite Score’ by HtAG Analytics, which takes into account over 80 metrics in the property investment landscape.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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