Glenwood, Stanhope Gardens and Riverstone have best house price growth in Blacktown area
House prices in Blacktown are experiencing staggering growth with some areas joining the million dollar club and recording 50 per cent increases in just three years. See what your suburb is worth.
Blacktown
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CoreLogic data has revealed that many suburbs in and around Blacktown have seen staggering growth in the past five years, with two suburbs seeing the median house and dwelling price rise over 50 per cent in the last three years alone.
Meanwhile, most suburbs in the Blacktown are seeing growth of around 20 per cent in the last 12 months.
Property tycoon and investor Eddie Dilleen, who runs his own full-service buyer’s agency, Dilleen Property, said Blacktown was an affordable option for buyers, hence the large growth.
“I believe the Blacktown area has seen such a large amount of growth due to its overall affordability. The median house price in the Blacktown area compared to a place like the North Shore is vastly different,” Mr Dilleen said.
“Out in Blacktown Council (LGA), you can still pick up properties under a million. I have seen some recently in Quakers Hill and Doonside where houses can go from $600,000 to 750,000.
“Although houses are often going for a million in the Blacktown Council area, that is the new cheap for Sydney. So whether you are a homebuyer or investor, the Blacktown area is one that is a more affordable option.”
Mr Dilleen said Glenwood had also seen a high rate of growth in its median house and dwelling price.
“Some of the best places I have picked up property is the suburbs next to suburbs with the best reputations,” he said.
“Suburbs like Glenwood which is right next to Bella Vista, a suburb considered a nice and fancy location has seen some good growth. People that have been priced out of Bella Vista go to Glenwood. It is the overall ripple effect that can drive the prices of suburbs like Glenwood up.”
CoreLogic’s research director, Tim Lawless said: “Every suburb across the state has recorded some level of growth over the past year, which is quite rare in itself. Normally there are some suburbs where housing values have fallen, even during an upswing, simply due to local demand and supply factors.
“The softest markets tended to be those with a high proportion of newly built units, where higher supply levels have been confronted with a shift in demand away from higher densities. This trend looks to be gradually changing though as investors become more active and owner occupiers look for more affordable housing options.”
Stanhope Gardens, Glenwood and Riverstone topped the list for growth in the Blacktown area across the last one, three and five years.
Stanhope Gardens has seen the largest growth in the local area, with the median house and dwelling price moving close to the $1.5 million mark.
The suburb has seen 32.1 per cent growth in the last 12 months alone, with growth of 52.4 per cent and 42.9 per cent in the last three and five years respectively.
The suburb features large houses on decent blocks of land and is home to a large swimming pool and shopping centre, all while having relatively quiet streets.
Riverstone has been developing rapidly across the last few years as well, with what once was farm land, turning into new housing on decent blocks of land.
Riverstone has seen a 29.7 per cent jump in the median house and dwelling price in the last year alone and a 47.5 per cent increase in the last three years.
Glenwood is seeing some of the largest and most consistent growth in the local area which can largely be put down to the Bella Vista developments being only minutes away.
The suburb has many lakes, cycleways, sports facilities and is full of well maintained leafy streets and big houses with large backyards.
There is also a range of highly reputable public schools that residents of Glenwood have access to as well as many childcare options.
The upward trend of Glenwood house prices is set to continue and, much like Stanhope Gardens, the suburb continues to rapidly close in on the $1.5 million median house and dwelling price point.
Last 12 months
1. Stanhope Gardens
Median price 2021: $1.43m
Median price 2020: $1.08m
Percentage increase: 32.1 per cent
2. Riverstone
Median price 2021: $984,000
Median price 2020: $759,000
Percentage Increase: 29.7 per cent
3. Glenwood
Median price 2021: $1.44m
Median price 2020: $1.11m
Percentage Increase: 29.2 per cent
Last 3 years
1. Stanhope Gardens
Median price 2021: $1.43m
Median price 2018: $937,000
Percentage increase: 52.4 per cent
2. Glenwood
Median price 2021: $1.44m
Median price 2018: $954,000
Percentage Increase: 50.6 per cent
3. Riverstone
Median price 2021: $984,000
Median price 2018: $667k
Percentage Increase: 47.5 per cent
Last 5 years
1. Stanhope Gardens
Median price 2021: $1.43m
Median price 2016: $999,000
Percentage increase: 42.9 per cent
2. Riverstone
Median price 2021: $984,000
Median price 2016: $700,000
Percentage Increase: 40.5 per cent
3. Glenwood
Median price 2021: $1.44m
Median price 2016: $1.03m
Percentage Increase: 40.1 per cent
Full list of suburbs and their growth in median house and dwelling price (A-Z)
Acacia Gardens
Median price 2021: $$1.19m
Median price 2020: $944,000
Median price 2018: $840,000
Median price 2016: $904,000
Bidwill
Median price 2021: $643,000
Median price 2020: $521,000
Median price 2018: $489,000
Median price 2016: $494,000
Blackett
Median price 2021: $657,000
Median price 2020: $527,000
Median price 2018: $517,000
Median price 2016: $528,000
Blacktown
Median price 2021: $857,000
Median price 2020: $716,000
Median price 2018: $684,000
Median price 2016: $703,000
Colebee
Median price 2021: $1.16m
Median price 2020: $925,000
Dean Park
Median price 2021: $802,000
Median price 2020: $681,000
Median price 2018: $636,000
Median price 2016: $672,000
Dharruk
Median price 2021: $651,000
Median price 2020: $529,000
Median price 2018: $497,000
Median price 2016: $504,000
Doonside
Median price 2021: $845,000
Median price 2020: $699,000
Median price 2018: $659,000
Median price 2016: $683,000
Emerton
Median price 2021: $633,000
Median price 2020: $522,000
Median price 2018: $510,000
Median price 2016: $507,000
Glendenning
Median price 2021: $805,000
Median price 2020: $684,000
Median price 2018: $625,000
Median price 2016: $652,000
Glenwood
Median price 2021: $1.44m
Median price 2020: $1.11m
Median price 2018: $954,000
Median price 2016: $1.03m
Hassall Grove
Median price 2021: $776,000
Median price 2020: $641,000
Median price 2018: $596,000
Median price 2016: $608,000
Hebersham
Median price 2021: $666,000
Median price 2020: $544,000
Median price 2018: $519,000
Median price 2016: $536,000
Kellyville Ridge
Median price 2021: $1.5m
Median price 2020: $1.17m
Median price 2018: $1.02m
Median price 2016: $1.09m
Kings Langley
Median price 2021: $1.18m
Median price 2020: $975,000
Median price 2018: $883,000
Median price 2016: $931,000
Kings Park
Median price 2021: $1.01m
Median price 2020: $801,000
Median price 2018: $735,000
Median price 2016: $737,000
Lalor Park
Median price 2021: $913,000
Median price 2020: $738,000
Median price 2018: $694,000
Median price 2016: $707,000
Lethbridge Park
Median price 2021: $665,000
Median price 2020: $530,000
Median price 2018: $517,000
Median price 2016: $512,000
Marayong
Median price 2021: $882,000
Median price 2020: $715,000
Median price 2018: $675,000
Median price 2016: $690,000
Marsden Park
Median price 2021: $1.05m
Median price 2020: $815,000
Median price 2018: $721,000
Minchinbury
Median price 2021: $895,000
Median price 2020: $749,000
Median price 2018: $688,000
Median price 2016: $737,000
Mount Druitt
Median price 2021: $590,000
Median price 2020: $508,000
Median price 2018: $505,000
Median price 2016: $520,000
Oakhurst
Median price 2021: $800,000
Median price 2020: $677,000
Median price 2018: $642,000
Median price 2016: $653,000
Parklea
Median price 2021: $1.33m
Median price 2020: $1.03m
Plumpton
Median price 2021: $802,000
Median price 2020: $686,000
Median price 2018: $659,000
Median price 2016: $670,000
Prospect
Median price 2021: $969,000
Median price 2020: $793,000
Median price 2018: $765,000
Median price 2016: $792,000
Quakers Hill
Median price 2021: $929,000
Median price 2020: $755,000
Median price 2018: $694,000
Median price 2016: $727,000
Riverstone
Median price 2021: $984,000
Median price 2020: $759,000
Median price 2018: $667,000
Median price 2016: $700,000
Rooty Hill
Median price 2021: $796,000
Median price 2020: $686,000
Median price 2018: $634,000
Median price 2016: $669,000
Ropes Crossing
Median price 2021: $774,000
Median price 2020: $660,000
Median price 2018: $638,000
Median price 2016: $627,000
Seven Hills
Median price 2021: $974,000
Median price 2020: $787,000
Median price 2018: $750,000
Median price 2016: $783,000
Schofields
Median price 2021: $1.15m
Median price 2020: $920,000
Median price 2018: $836,000
Median price 2016: $852,000
Shalvey
Median price 2021: $654,000
Median price 2020: $525,000
Median price 2018: $487,000
Median price 2016: $490,000
Stanhope Gardens
Median price 2021: $1.43m
Median price 2020: $1.08m
Median price 2018: $937,000
Median price 2016: $999,000
The Ponds
Median price 2021: $1.42m
Median price 2020: $1.12m
Median price 2018: $980,000
Median price 2016: $1.02m
Toongabbie
Median price 2021: $1.04m
Median price 2020: $844,000
Median price 2018: $803,000
Median price 2016: $850,000
Tregear
Median price 2021: $640,000
Median price 2020: $520,000
Median price 2018: $493,000
Median price 2016: $481,000
Whalan
Median price 2021: $674,000
Median price 2020: $535,000
Median price 2018: $509,000
Median price 2016: $524,000
Willmot
Median price 2021: $675,000
Median price 2020: $559,000
Median price 2016: $541,000
Woodcroft
Median price 2021: $927,000
Median price 2020: $776,000
Median price 2018: $736,000
Median price 2016: $743,000
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