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Investment Property Prospect, NSW, 2148

Suburb Snapshot

Prospect is a suburb in the Blacktown Region of New South Wales. Prospect has a population of 4,711 people and 15.57% of its occupants live in rental accommodation. The median listing price for houses is $1,075,000 and this has changed 13.15% over the past year and changed 17.48% over 2 years.

The median rent in Prospect for houses is $650 per week and the median rental yield is 3.14%. Stock on the market for houses/townhouses has changed -10.00% compared to last year and the average time to sell a house/townhouse is 42 days.The median listing price for units is $480,000 and this has changed 1.15% over the past year. The average unit takes 55 days to sell and the median rent for a unit in Prospect is $450 per week, producing a rental yield of 4.87%.

Supply & Demand in Prospect, Blacktown

1.39%

Current vacancy rate


26

Rental stock available


4,711

Population


15.57%

Rental population


1.13%

Current vacancy rate


1,539

Rental stock available


336,970

Population


29.79%

Rental population


1.02%

Current vacancy rate


37,155

Rental stock available


7,480,223

Population


27.79%

Rental population


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Statistical data for Prospect, Blacktown

  House Townhouses Units
Median listing price $1,075,000 NA $480,000
Median price change - last quarter 4.36% NA -2.20%
Median price change - 1 year 13.15% NA 1.15%
Median price change - 2 years 17.48% NA 4.34%
  House Townhouses Units
Median weekly rent $650 NA $450
Median yield % 3.14% NA 4.87%
Median rent change - 1 year 8.33% NA 0.00%
  House Units
Previous month sales 2 1
Stock on market previous month 9 6
Stock variance vs. last year -10.00% 0.00%
Average days on market 42 55

Prospect investment property listings

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