Local Knowledge PropertyIntegrated Property Financial Advisory
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

A decision, not just a search · Blackett

Does a promising suburb make this the right property decision?

No. Suburb data can help you shortlist, but it cannot establish the value, condition or suitability of a particular property. Compare buying, retaining your current property and waiting against your household cash flow, finance conditions and intended holding period.

Questions that could change the answer

  • What would make this location unsuitable even if its median price rises?
  • Could you meet the costs if income falls, the property is vacant or repairs are needed?
  • Are you comparing a specific property with genuinely comparable sales—or only an area average?

Evidence to obtain—not yet verified here

  • Comparable property evidence with transaction dates and relevant differences.
  • Current loan terms, household commitments and a realistic cash-flow buffer.
  • Property inspections, contract advice and ownership/tax advice where relevant.

Other options: Shortlist another property, retain what you own, reduce the budget or delay. Growth expectations alone are not a reason to proceed.

Next action: Ask a Property Advisor to connect the property evidence with your priorities, and identify the finance, tax or legal professional required for unresolved questions.

When to revisit: Revisit if the price, lending terms, inspection findings or household circumstances change.

General decision guidance—not a property assessment, personal recommendation or verified client result. Dates on surrounding market content apply to that content, not to checks on your property.

Take this question to a review

The question and suggested checks are prefilled for you to edit. No enquiry is sent until you submit and consent.

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

Stamp Duty Estimate
Standard transfer
$26,930
First Home Buyer
Exempt

Save $26,930

Foreign buyer surcharge
$57,600

+8% surcharge

Negative Gearing Position

Wage offset available until 1 July 2027

An established purchase today falls under the 2026 reforms. From 1 July 2027, losses on established residential property can only offset residential rental income or residential capital gains — not your salary.

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 until 1 July 2027

After-tax holding cost
$12,883/yr

~$248/week

Land Tax Exposure
Est. land value
$432,000

~60% of median price

Individual threshold
$1,075,000

Below threshold

Trust/company threshold
$25,000 (trust)

Annual: $6,612

CPA Note: Land tax applies to your total NSW land holdings, not individual properties. Portfolio holders should aggregate all investment land values.

CGT Projection

Based on 7.7% p.a. growth (from 5-year trend), CPI indexation + 30% minimum rate, 39% MTR

5-Year Hold

Est. value
$1.04M
Capital gain
$293,743
Assessable gain
$195,118
CGT payable
$76,096

10-Year Hold

Est. value
$1.51M
Capital gain
$764,063
Assessable gain
$553,851
CGT payable
$216,002

Investor Quick Summary

Entry cost (stamp duty)

$26,930

After-tax yield

2.93%

Weekly holding cost

$248/wk

10yr CGT (est.)

$216,002

Estimates based on FY2025 NSW rates at median house price. Assumes 80% LVR, 6.5% interest rate, 39% marginal tax rate ($135K-$190K bracket). This calculator provides estimates for illustrative purposes only and does not constitute financial, tax, or investment advice. Results depend on assumptions that may not reflect your actual situation. Tax laws, interest rates, and market conditions change frequently. Always consult a qualified professional — such as a CPA, mortgage broker, or financial adviser — before making financial decisions. Local Knowledge Group of Companies provides integrated advisory through Local Knowledge (CPA), Local Knowledge Finance (Mortgage Brokerage), and Local Knowledge Property (Licensed Agency).

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

Interested in Blackett?

Get a personalised buyer brief with AI-powered property intelligence for this suburb.

Request Your Free Buyer Brief

See What ASPIRE Has Found For You

Get a personalised preview of what our AI intelligence has identified for your situation — in seconds.

No spam. Your data is used only to personalise your brief.

Data sourced from multiple sources. Last updated 27 March 2026.

Browse all suburbs • Contact Local Knowledge