Blackbutt, NSW

UNDERVALUED

2,858 sales · 36 years of data · NSW, Australia

$925,000
Median (All)
$1,060,000
Median (Houses)
$770,000
Median (Apartments)
5.9%
10yr CAGR
8.0%
36yr CAGR
17.4%
Strata %
36 years of data · 2,858 sales analysed · 2,500+ suburbs · Updated weekly

Blackbutt, NSW Property Market Overview

Blackbutt, NSW, postcode 2529, presents a well-established residential market within the broader Illawarra region of New South Wales. With 36 years of recorded sales data and a total of 2,858 sales, Blackbutt offers a substantial history for property market analysis. The current median property price (all types) sits at $925,000, while houses command a median of $1,060,000 and apartments $770,000.

Blackbutt is notable for its blend of housing types, including a moderate proportion of apartments (17.4% strata ownership). The suburb has demonstrated consistent capital growth over the long term, making it of interest to a wide range of property market participants. Blackbutt also offers convenient access to nearby amenities and services.

Currently undervalued
Relative to the long-term price trend line
$500K invested 10yr ago → $887,012
Based on the 10-year compound annual growth rate of 5.9%
Predominantly houses17% apartments
83% of sales are houses and other non-strata properties
Loading chart...

Property Mix

83%
17%
Houses 83%$1,060,000Apartments 17%$770,000

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
36 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Blackbutt

Street Rankings

Top streets in Blackbutt, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Cockatiel CtApartment6$814,500
2College AveHouse7$1,100,000
3Cockatiel CtHouse5$1,260,000
4Conway CresHouse6$945,000

... and 73 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Bandicoot DrHouse4$1,984/m²
2Cockatiel CtHouse5$3,181/m²
3Conway CresHouse6$1,750/m²
4Glider AveHouse6$2,113/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1College AveHouse+5.8%
2Albatross DrApartment+5.6%
3Conway CresHouse+6.3%
4Lorikeet PlHouse+4.7%

... and more street growth rates

See all growth rates

Past growth rates are not indicative of future performance. This data is for informational purposes only.

Building Analytics

Building-by-building comparison

23
apartment buildings analysed
#AddressSalesMedian$/m²
134 Albatross Dr3$840,000$2,462/m²
25 B Cockatiel Ct6$814,500$3,963/m²

... and 19 more buildings

Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.

View full building data
Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

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Risk Indicator

Settlement times & problem streets

50
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

17%
apartments across 23 buildings

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

See density trends

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77 streets and 23 buildings to explore

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3 street rankings
All 77 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
23 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 2,858 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Blackbutt at a Glance

Region
Illawarra
CBD Distance
90km south of Sydney CBD
Train Station
Shellharbour Junction Station (South Coast Line)
Council
Shellharbour City Council
Property Character
Established residential with a mix of houses and apartments.
Community
Families and established residents

Blackbutt, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Blackbutt, NSW

Living in Blackbutt offers a relaxed suburban lifestyle with convenient access to essential amenities. Families are drawn to the area due to its proximity to quality schools such as Blackbutt Public School and Shellharbour Anglican College. For shopping, residents can easily access Stockland Shellharbour, providing a wide range of retail and dining options.

Blackbutt also boasts several parks and green spaces, including Blackbutt Youth Centre and nearby sporting fields, offering opportunities for recreation and outdoor activities. With its family-friendly atmosphere, established infrastructure, and convenient location, Blackbutt provides a comfortable and community-oriented environment for residents. The suburb is well-serviced by public transport, with bus routes connecting Blackbutt to nearby train stations and surrounding areas.


Who Buys in Blackbutt?

Blackbutt attracts a diverse range of buyers, including families, first home buyers, and downsizers. The presence of quality schools and parks makes it appealing to families seeking a safe and convenient environment. First home buyers may find opportunities in the apartment market, with a median price of $770,000 and 17.4% strata ownership. The consistent historical growth, as evidenced by the CAGR figures, may also attract investors looking for long-term capital appreciation. Blackbutt's varied property types and price points cater to a wide range of buyer needs and preferences.

Market Analysis

Currently, Blackbutt's property market is positioned below its long-term trend, indicating that it is in undervalued territory. This cycle position reflects a period where property prices are potentially lower relative to their historical growth trajectory. It's important to note that the specific deviation from the trend is a premium data point.

The cycle position in Blackbutt suggests that the market may be presenting buying opportunities, but careful due diligence and a comprehensive understanding of local market conditions are essential. Property cycle positions are based on historical data and do not guarantee future performance.


Is Blackbutt a Good Investment?

Blackbutt's historical growth patterns suggest a resilient property market, underpinned by consistent demand and a desirable lifestyle. The full-period CAGR of 8.0% indicates strong long-term capital appreciation, while the 10-year CAGR of 5.9% and 20-year CAGR of 4.9% highlight more recent growth trends. These figures are based on recorded sales and past performance.

Currently, as of early 2026, Blackbutt's property market is positioned below its long-term trend, indicating that it is in undervalued territory. This cycle position presents a potential entry point for buyers seeking to capitalise on future growth. However, market conditions can change, and thorough research is always recommended. Blackbutt's appeal lies in its blend of affordability, lifestyle amenities, and historical growth, making it a suburb of interest to those monitoring the property market.


Blackbutt Market Outlook

As of early 2026, Blackbutt's property market is positioned below its long-term trend, suggesting it's in undervalued territory. While specific price trends require premium data access, the current cycle position indicates a potential opportunity for buyers. Blackbutt's established infrastructure, convenient location, and historical growth contribute to its overall market resilience. Market outlooks are based on current data and can change over time.

Streets & Location in Blackbutt, NSW

Blackbutt, identified by the postcode 2529, offers a variety of residential streets, with a total of 77 streets shaping the suburb's landscape. Among these, CONWAY CRES, COCKATIEL CT, and WALLABY ST stand out as streets with higher median property prices. Blackbutt's location within the Illawarra region provides residents with convenient access to coastal amenities and regional centres. The suburb's street layout contributes to its overall residential character.

Market Dynamics

Market transaction patterns in Blackbutt indicate an average settlement timeframe of 50 days. This settlement period reflects the typical time required to finalise property transactions in the suburb. While quick-flip percentage data is not available, the average settlement days provide insight into the pace of property sales in Blackbutt. These market dynamics contribute to the overall liquidity and efficiency of the Blackbutt property market.

Development & Density

Blackbutt features a mix of housing types, with a total of 23 apartment buildings contributing to its overall development density. The suburb's strata ownership percentage of 17.4% reflects the proportion of apartments within the property landscape. While primarily a housing suburb, the presence of apartment buildings adds to the diversity of residential options available in Blackbutt. These development density characteristics shape the suburb's overall urban form.

Growth & Property Mix

Blackbutt has demonstrated solid historical growth, evidenced by a 10-year Compound Annual Growth Rate (CAGR) of 5.9%. Over a 20-year period, the CAGR stands at 4.9%, while the full period CAGR, spanning 36 years of data, is 8.0%. The property mix in Blackbutt includes both houses and apartments, with approximately 17.4% of properties being strata-titled apartments. These growth rates and property compositions offer context for analysing Blackbutt's property market.

All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.

This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.

Frequently Asked Questions about Blackbutt, NSW

What is the median property price in Blackbutt?
The current median property price in Blackbutt (all types) is $925,000. Houses have a higher median of $1,060,000, while apartments are at $770,000. These figures provide a snapshot of property values as of early 2026.
Is Blackbutt overvalued or undervalued?
As of early 2026, Blackbutt's property market is positioned below its long-term trend, indicating it is in undervalued territory. This suggests that property prices may be lower relative to their historical growth trajectory. The specific deviation from the trend is a premium data point.
How has the Blackbutt property market performed over 10 years?
Over the past 10 years, the Blackbutt property market has experienced a Compound Annual Growth Rate (CAGR) of 5.9%. This figure reflects the average annual growth in property values over that period. Historical performance is not indicative of future results.
What percentage of Blackbutt is apartments vs houses?
Approximately 17.4% of properties in Blackbutt are strata-titled apartments. This indicates the proportion of apartments relative to houses in the suburb's overall property mix. The remaining percentage consists of houses and other dwelling types.
Where is Blackbutt in the property cycle?
Currently, Blackbutt's property market is positioned below its long-term trend, indicating that it is in undervalued territory. This cycle position reflects a period where prices are potentially lower than their historical average. The specific deviation from the trend is a premium data point.
What schools are near Blackbutt?
Blackbutt is conveniently located near several schools, including Blackbutt Public School and Shellharbour Anglican College. These schools provide educational options for families residing in the suburb. The proximity to quality schools is often a factor for families considering a move to Blackbutt.
What is Blackbutt like to live in?
Blackbutt offers a relaxed suburban lifestyle with convenient access to essential amenities. The suburb features parks, schools, and shopping centres, creating a family-friendly environment. Its location in the Illawarra region provides residents with easy access to coastal amenities and regional centres.
Is Blackbutt good for families?
Blackbutt can be appealing for families due to its proximity to schools, parks, and shopping centres. The suburb offers a mix of housing types, including houses and apartments, catering to different family needs. Safety and community are also factors contributing to Blackbutt's appeal for families.
How far is Blackbutt from Sydney CBD?
Blackbutt is located approximately 90km south of the Sydney CBD. The suburb is accessible via the Princes Highway and the South Coast Line train service, providing transport options to and from Sydney.
What transport options are in Blackbutt?
Blackbutt is serviced by bus routes connecting the suburb to nearby train stations and surrounding areas. The closest train station is Shellharbour Junction Station on the South Coast Line. The Princes Highway also provides convenient access to other parts of the Illawarra region and Sydney.
How does Blackbutt compare to nearby suburbs?
Compared to some nearby suburbs, Blackbutt offers a relatively affordable median property price of $925,000. Growth rates may vary between suburbs, but Blackbutt has demonstrated consistent capital appreciation over the long term. Each suburb has its own unique characteristics and market dynamics.
Is Blackbutt a good first home buyer suburb?
With a median apartment price of $770,000 and a mix of housing options, Blackbutt may present opportunities for first home buyers. The suburb's location, amenities, and historical growth are factors to consider. First home buyers should carefully assess their financial situation and conduct thorough research.
What are the best streets in Blackbutt?
CONWAY CRES, COCKATIEL CT, and WALLABY ST are streets in Blackbutt that have higher median property prices. These streets may offer desirable locations or property characteristics within the suburb. The full list of streets and their corresponding median prices is behind the premium paywall.
How many properties have been sold in Blackbutt?
A total of 2,858 properties have been sold in Blackbutt over the 36 years of recorded sales data. This represents a substantial history of property transactions in the suburb and provides a basis for market analysis.
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