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Suburb Insights · SA 5051

Blackwood, SA 5051 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Blackwood is a well-established middle-ring suburb of Adelaide, Australia, with a population of approximately 4,266, making it a boutique locality. Located approximately 10 km from the Adelaide CBD, Blackwood is a middle ring area in South Australia. The median household income is $89,180 per year.

Investment Score

66 / 100 Good

Moderate income levels in Blackwood indicate steady rental demand from working households. Close CBD access strengthens tenant appeal and resale value.

Location

Adelaide
Blackwood
South Australia · 5051
10 km from Adelaide CBD
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Key Indicators

Postcode
5051

Official Australia Post postcode for Blackwood. A postcode may cover multiple suburbs.

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Population
4,266

Usual resident population at the most recent census.

Median weekly rent
$330/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$89,180/yr

Annual median household income (before tax) across all households.

Distance to CBD
10 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb.

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Parks & green spaces
2

Estimated 2 parks and green spaces near this suburb.

Median monthly mortgage
$1,733/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
75% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Why People Like Living in Blackwood

Who Blackwood Suits

👨‍👩‍👧FamiliesSchool count or dwelling mix is lighter here.
📊InvestorsRent covers a solid share of the median mortgage.
🏡First-home buyersPrices sit above the South Australia median — stretch goal.
💼ProfessionalsAround 10 km from the CBD with good access.

Pros and Cons

Pros

  • Rent sits within an affordable share of local incomes, supporting tenant demand.
  • Solid transport links into employment hubs.
  • Short distance to the CBD makes commuting straightforward.

Cons

  • Fewer schools inside the suburb itself — verify catchments for neighbouring areas.
  • Traffic can build during peak hours, especially on arterial roads.

Investment Insight

4,266 residents places Blackwood squarely in the middle of the South Australia suburb size distribution (state median 3,699), with market depth comparable to most SA localities. Households here earn $89,180/year on average — 10% above the SA suburb median of $80,964 — a modest premium that supports resilient owner-occupier demand. Rent of $330/week (83% coverage of the $1,733/month median mortgage) leaves a gap of roughly $303/month that a typical investor bridges with negative gearing, depreciation and capital growth. At 10 km from the Adelaide CBD, Blackwood sits inside the high-demand inner ring — properties here compete directly with the city's employment, transport and amenity networks.

Investment Tip

Middle-ring locations like this one historically reward patient holders — focus on homes near catchment-zone schools and major transport. Local rents consume roughly 19% of household income — a useful sanity check on tenant affordability.

Blackwood vs South Australia Median

How Blackwood stacks up against the median of all South Australia suburbs in our dataset. Positive values mean Blackwood sits above the state median; negative means below.

MetricBlackwoodSA medianΔ vs state
Population4,2663,699+15%
Median household income$89,180/yr$80,964/yr+10%
Median rent (weekly)$330$320+3%
Median mortgage (monthly)$1,733$1,616+7%
Distance to CBD10 km13 km-23%
Separate houses75%73%+2pp

Investor Checklist

Pre-inspection briefing for Blackwood — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

⚠️
Buy & Hold

Moderate buy-and-hold potential: Blackwood's 4,266-person market and $89,180 median household income work for investors who are selective on street location and property quality rather than counting on a suburb-wide rerating.

⚠️
Rental Yield

Moderate rental coverage: rent of $330/week covers 83% of a $1,733/month mortgage, leaving a $303/month gap that an investor bridges with equity, depreciation and tax benefits.

⚠️
Renovation / Flip

With 75% houses in a 4,266-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Blackwood property

Full Property Analysis

30-year projections for Blackwood

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Moderate

Capital-growth expectations for Blackwood are modest for 2026 — incomes 10% above the SA median of $80,964 and a population of 4,266 suggest gains will lag headline metro markets. Rental coverage runs at ~83% of the typical mortgage ($1,430/month rent vs $1,733/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 66/100 places Blackwood in the upper-middle tier of Australian suburbs we profile, and overall investor sentiment is balanced heading into the second half of 2026.

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Frequently Asked Questions

Is Blackwood a good suburb for investment?

Blackwood scores 66/100 on our EquitySight investment framework — a good rating. That score is driven by a population of 4,266, median household income of $89,180/year and median weekly rent of $330. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Blackwood?

The main demand drivers in Blackwood are proximity to Adelaide (10 km), an above-state-median household income of $89,180/year, a dwelling mix that is 75% separate houses, roughly 1 schools and 2 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Blackwood?

Blackwood has a usual resident population of approximately 4,266, compared with a South Australia suburb median of 3,699 — placing it in the upper half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Blackwood from the Adelaide CBD?

Blackwood sits 10 km straight-line from the Adelaide CBD. This is inner-ring territory — pricing competes directly with established Adelaide employment nodes.

What is the median rent in Blackwood?

The most recent census recorded a median weekly rent of $330 in Blackwood, equating to approximately $17,160/year in gross rental income (state median $320/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Blackwood?

The median monthly mortgage repayment in Blackwood is $1,733, or approximately $20,796/year (vs $1,616/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Blackwood cash-flow positive for investors?

A median weekly rent of $330 works out to $1,430/month, covering 83% of the median mortgage repayment of $1,733/month. That leaves a $303/month shortfall (around $3,636/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Blackwood?

The main risks are a thin buyer pool (4,266 residents), interest-rate sensitivity on the $1,733 median mortgage, the broader South Australia market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Blackwood profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

Nearby Suburbs

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