Blackheath, NSW

FAIR VALUE

6,560 sales · 35 years of data · NSW, Australia

$860,000
Median (All)
$860,000
Median (Houses)
$980,000
Median (Apartments)
7.4%
10yr CAGR
6.4%
35yr CAGR
0.3%
Strata %
35 years of data · 6,560 sales analysed · 2,500+ suburbs · Updated weekly

Blackheath, NSW Property Market Overview

Blackheath, NSW, postcode 2785, is a charming village located in the Blue Mountains region, offering a unique blend of natural beauty and a relaxed lifestyle. Approximately 120km west of Sydney, Blackheath boasts a rich history and stunning scenery, making it a sought-after location for both permanent residents and weekend getaways.

With 35 years of recorded property sales data, AusPropertyInsights.app analysis reveals a total of 6,560 sales in Blackheath. The current median property price for all dwellings is $860,000, with houses also at $860,000 and apartments slightly higher at $980,000. These figures reflect the desirability of Blackheath's diverse property offerings.

Currently fair value
Relative to the long-term price trend line
$500K invested 10yr ago → $1,020,970
Based on the 10-year compound annual growth rate of 7.4%
Predominantly houses0% apartments
100% of sales are houses and other non-strata properties
Loading chart...

Property Mix

100%
Houses 100%$860,000Apartments 0%$980,000

Data You Can Trust

Every figure backed by NSW government sale records

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

What Subscribers See

A preview of the full analysis available for Blackheath

Street Rankings

Top streets in Blackheath, NSW by median sale price

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

#StreetTypeSalesMedian Price
1Govetts Leap RdHouse17$915,000
2Inconstant StHouse5$1,050,000
3Kirkwood StHouse5$880,000
4Seiberi ClHouse5$1,280,000

... and 185 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
1Days CresHouse4$1,277/m²
2Hargraves StHouse3$2,509,547/m²
3Gordon AveHouse3$1,807/m²
4Prince George LaneHouse3$1,363/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
1Forest Park RdHouse+7.3%
2Rodriguez AveHouse+7.3%
3Bundarra StHouse+12.4%
4Seiberi ClHouse+7.4%

... 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

7
apartment buildings analysed
#AddressSalesMedian$/m²
1134 Station St3$1,815,000$5,231/m²

... and 3 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

46
average days to settlement

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

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Suburb Change

Density & development tracking

0%
apartments across 7 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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189 streets and 7 buildings to explore

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3 street rankings
All 189 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
7 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 6,560 verified property sales across 35 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Blackheath at a Glance

Region
Blue Mountains
CBD Distance
Approximately 120km west of Sydney CBD
Train Station
Blackheath Station (Blue Mountains Line)
Council
Blue Mountains City Council
Property Character
Established residential with low-density development
Community
Families, retirees, and professionals

Blackheath, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Blackheath, NSW

Living in Blackheath offers a tranquil and community-focused lifestyle. The suburb is known for its stunning natural surroundings, including Govetts Leap lookout and the Rhododendron Gardens, offering beautiful walking trails and picnic spots. Families are drawn to Blackheath for its excellent schools, such as Blackheath Public School, and its safe, friendly environment.

The town centre features a variety of cafes, restaurants, and boutique shops. Blackheath train station provides convenient access to Sydney and other Blue Mountains towns. The overall vibe is relaxed and welcoming, with a strong sense of community spirit evident in local events and activities.


Who Buys in Blackheath?

Blackheath attracts a diverse range of buyers, including families seeking a peaceful lifestyle, downsizers looking for a smaller property in a scenic location, and professionals who appreciate the proximity to nature while still being within commuting distance of Sydney. The relatively high median apartment price of $980,000 suggests demand from those seeking low-maintenance living without compromising on quality. The low strata percentage indicates that houses are the preferred property type, appealing to families and those seeking more space.

Market Analysis

Currently, as of early 2026, AusPropertyInsights.app analysis indicates that the Blackheath property market is near its long-term trend, suggesting it is at fair value. This means property prices in Blackheath are aligned with historical growth patterns and current market conditions.

While the Blackheath market is currently considered to be at fair value, it's important to monitor market dynamics. External factors like interest rate changes and economic shifts can influence future property values in Blackheath. A balanced market provides stability for both buyers and sellers.


Is Blackheath a Good Investment?

Blackheath's property market has demonstrated consistent growth over the long term, as evidenced by its strong CAGR figures. The 10-year CAGR of 7.4% and full-period CAGR of 6.4% indicate the potential for capital appreciation. With the market currently near its long-term trend, Blackheath offers a balanced opportunity based on historical performance.

Blackheath's unique location within the Blue Mountains, coupled with its village atmosphere and access to amenities, contributes to its ongoing desirability. The limited development potential helps to preserve the character of the suburb and support property values. While market conditions can fluctuate, Blackheath's fundamental strengths suggest continued stability.


Blackheath Market Outlook

As of early 2026, the Blackheath property market is currently near its long-term trend. Recent price trends indicate a balanced market. It's important to monitor market activity closely for any potential shifts in supply and demand. Overall, Blackheath presents a stable outlook based on its current position.

Streets & Location in Blackheath, NSW

Blackheath's location in the Blue Mountains is a major drawcard, offering residents access to stunning natural landscapes. Some of the most sought-after streets in Blackheath, based on median property prices, include EVANS LOOKOUT RD, INCONSTANT ST, and KIRKWOOD ST. These streets offer a mix of established homes and scenic views, contributing to Blackheath's appeal. The suburb encompasses a total of 189 streets, each with its unique character.

Market Dynamics

The average time to settlement for properties in Blackheath is 46 days, indicating a relatively efficient transaction process. Data on quick-flips is currently unavailable. The settlement timeframe suggests a stable market with typical buying and selling cycles. Monitoring these transaction patterns provides insights into the overall health of the Blackheath property market.

Development & Density

Blackheath maintains a low apartment density, with only 7 apartment buildings in the entire suburb. This contributes to the suburb's character as a predominantly residential area with a focus on detached housing. The low percentage of strata properties (0.3%) reflects this preference for houses over apartments in Blackheath. This low-density development helps preserve the village atmosphere.

Growth & Property Mix

Historically, Blackheath's property market has demonstrated steady growth. The 10-year Compound Annual Growth Rate (CAGR) stands at 7.4%, indicating strong performance over the past decade. Looking further back, the 20-year CAGR is 5.3%, and the full-period CAGR, spanning 35 years of data, is 6.4%. The property mix in Blackheath predominantly consists of houses, with apartments representing a small percentage of the total market at 0.3%.

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 Blackheath, NSW

What is the median property price in Blackheath?
The current median property price in Blackheath is $860,000 for all dwellings, including houses and apartments. The median house price is also $860,000, while the median apartment price is slightly higher at $980,000. These figures reflect the diverse range of properties available in the suburb.
Is Blackheath overvalued or undervalued?
According to AusPropertyInsights.app's analysis, the Blackheath property market is currently near its long-term trend. This suggests that Blackheath is at fair value, meaning prices are aligned with historical growth patterns and current market conditions.
How has the Blackheath property market performed over 10 years?
The Blackheath property market has shown strong performance over the past 10 years. The 10-year Compound Annual Growth Rate (CAGR) is 7.4%, indicating a healthy increase in property values during this period.
What percentage of Blackheath is apartments vs houses?
Apartments make up a very small percentage of the property market in Blackheath. Only 0.3% of properties in Blackheath are strata apartments, with the vast majority being detached houses. This reflects the suburb's low-density character.
Where is Blackheath in the property cycle?
As of early 2026, AusPropertyInsights.app data indicates that Blackheath is near its long-term trend in the property cycle. This suggests a balanced market where property values are aligned with historical trends.
What schools are near Blackheath?
Blackheath Public School is located within the suburb, providing primary education for local families. Several other schools are located in neighbouring towns, offering a range of educational options for Blackheath residents.
What is Blackheath like to live in?
Blackheath offers a tranquil and picturesque lifestyle surrounded by the natural beauty of the Blue Mountains. The suburb has a village atmosphere with a strong sense of community, making it an appealing place to live.
Is Blackheath good for families?
Blackheath can be a great place for families, with its excellent schools, parks, and safe environment. The predominantly detached housing and larger property sizes also make it attractive for families seeking space and a relaxed lifestyle.
How far is Blackheath from Sydney CBD?
Blackheath is approximately 120 kilometres west of the Sydney CBD. The train provides a direct route to the city, making it accessible for commuters.
What transport options are in Blackheath?
Blackheath train station is the main transport hub, providing access to the Blue Mountains Line. There are also local bus services connecting Blackheath to neighbouring towns. The Great Western Highway runs through Blackheath, providing road access to Sydney and other regions.
How does Blackheath compare to nearby suburbs?
Compared to some nearby suburbs in the Blue Mountains, Blackheath often has similar median property prices. Each suburb offers a unique character and lifestyle, with Blackheath known for its village atmosphere and proximity to natural attractions.
Is Blackheath a good first home buyer suburb?
Blackheath's median property price of $860,000 may present a challenge for some first home buyers. The limited number of apartments and the predominance of houses might influence a first home buyer's decision depending on their budget and preferences.
What are the best streets in Blackheath?
Based on median property prices, some of the most sought-after streets in Blackheath include EVANS LOOKOUT RD, INCONSTANT ST, and KIRKWOOD ST. These streets often offer desirable features such as scenic views and established homes.
How many properties have been sold in Blackheath?
Over the past 35 years, a total of 6,560 properties have been sold in Blackheath. This figure represents a significant volume of transactions and provides insights into the long-term activity of the Blackheath property market.
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