Blacksmiths vs Marks Point
Marks Point (median $922,500) is roughly 31% cheaper to buy into than Blacksmiths ($1,340,000).
Buying in Blacksmiths or Marks Point?
Selling in Blacksmiths? The free selling guide
Blacksmiths and Marks Point side by side
| Measure | Blacksmiths | Marks Point |
|---|---|---|
| Price and market | ||
| Median house | $1,340,000 | $922,500 |
| Median unit | $316,800 | $316,800 |
| House price change, 12 months | – | +5.4% |
| Renting | ||
| House rent | $750/wk | $700/wk |
| Unit rent | $550/wk | $500/wk |
| Owner occupied | 75.0% | 58.0% |
| Renter occupied | 22.0% | 39.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1003 | 1003 |
| Lifestyle and people | ||
| Walk score | 0 | 0 |
| Transit score | 0 | 0 |
| Bike score | 85 | 100 |
| Population | 1,881 | 1,861 |
| Median age | 50 | 48 |
| Climate | ||
| Annual rainfall | 1117 mm | 1117 mm |
| Mean max, January | 27.7°C | 27.7°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
Blacksmiths skews owner-occupied (75%), Marks Point runs more rental-dense (58% owner).
- For buyers
- Marks Point is the lower entry point at $922,500 median, 31% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Marks Point offers the higher gross rental yield (3.95% vs 2.91%), favouring cash-flow investors.
- For families
- School and household data is too similar between the two to call a winner on family fit. Check the individual profiles for street-level school catchments.
Blacksmiths vs Marks Point: common questions
Is Blacksmiths or Marks Point cheaper to buy in?
Marks Point has the lower median house price at $922,500, roughly 31% below Blacksmiths ($1,340,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which suburb has higher rental yield, Blacksmiths or Marks Point?
Gross rental yield on houses is 3.95% in Marks Point vs 2.91% in Blacksmiths. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
Keep comparing
The two suburbs
Compare Blacksmiths with
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