Home Loans in BlackwoodSA 5051
- Median house price: $750,000
- Median unit price: $420,000
- Property growth: +6.0% p.a.
- Population: 10,000
Property Market in Blackwood, SA
Blackwood is a hills suburb with a village atmosphere, Belair National Park, and a train station. The median house price in Blackwood is currently around $750,000, while units sit at approximately $420,000. The suburb has experienced property growth of +6.0% p.a., making it a steady performer in South Australia.
Why Buy in Blackwood?
Blackwood offers a range of lifestyle benefits that make it attractive to homebuyers and investors alike. Key features of the area include:
- Village atmosphere
- Belair National Park
- Hills lifestyle
- Train station
Typical Home Loan Amounts in Blackwood
Based on the current median house price of $750,000, most buyers in Blackwood will be looking at home loans in the range of $525,000 to $712,500, depending on their deposit size. With an 80% loan-to-value ratio (LVR), a typical loan would be around $600,000.
For unit buyers, loan amounts typically range from $294,000 to $399,000. First home buyers in Blackwood may be eligible for state government grants and stamp duty concessions, which can significantly reduce upfront costs.
How We Help You Get a Home Loan in Blackwood
Your broker compares home loan rates from over 50 lenders to find the best deal for your purchase in Blackwood. The broker service is free for borrowers: licensed brokers who meet our criteria pay Your Finance Guide a partnership fee to receive enquiries from this site, and the broker is usually also paid a commission by the lender. Both are disclosed in our Credit Guide. Whether you're a first home buyer, upgrader, or investor, your broker will guide you through the process from pre-approval to settlement.
WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees, or other loan amounts might result in a different comparison rate. Comparison rates are calculated on a secured loan of $150,000 over 25 years for home loans, a loan of $30,000 over 5 years for car and personal loans, and $50,000 over 5 years for equipment finance, unless the lender states another basis.
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