Black Springs, NSW

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Livability Index
104.6
What's this?

Population: 355

House Growth Prediction (per annual): 11%, 4388th out of 5061

Unit Growth Prediction (per annual): NA, NAth out of 2987

Keywords: Low Population Density, Low Rent, Nature, Agriculture, Manufactoring, Youth Worker

Basics

Black Springs (NSW) is a local community with population 355, and the population growth over the past decade is -21.7%. It has an average income $44,970.67 per annum. It has 94.4% of population who only speak English at home. Other top languages include Italian. Unemployment rate in Black Springs (NSW) is 5.4% while people work as professionals is 9.2%. Black Springs (NSW) has 0 Coles stores and 0 Woolworth stores. Its population density is 0.12 people per Square Kilometre.

Socio-Economic Indicator and Livability Index

Black Springs (NSW) has Socio-Economic raw score 1000.1 while the average score across Australia is 1000. Therefore, Black Springs (NSW) has advantage in terms of Socio-Economic measure. It obtains relative score 52 out of 100 across Australia, while relative score 51 out of 100 within NSW. Factors considered in this score include income, education level, unemployment, occupation, housing pressure and so on. This score is generated by Australia Bureau of Statistics (ABS).

Similar to Socio-Economic measure, GeoIndex computes smart livability index by considering additional factors, including rental rate against income, property price against income, safety, transport, access convenience, environment, population density and so on. Black Springs (NSW) has a livability index 102.4, which is higher than average 100 across Australia. It ranks 2,411th out of 8,530 suburbs across Australia. Therefore, it is a suburb more livable for local communities.

Real Estate Price Forecast and Investment Guide

Based on our more than ten millions of historical property transaction data, wide range of predictors and cutting-edge algorithm, we predict the house price would grow by 18% per annum in following 1-3 years. Comparing to average house growth rate 10.7% in Australia, Black Springs (NSW) has a higher than average growth expectation. It ranks 6,855th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Similar to house, unit/flat/apartment in Black Springs (NSW) is predicted to grow by NA% per annum in following 1-3 years. Comparing to average unit growth rate 3.7% in Australia, Black Springs (NSW) has a higher than average growth. It ranks NAth out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Education: Primary and Secondary School Index

As for education, Primary public school contribute to the attractiveness of Black Springs (NSW), which obtains score of 94.6 out of 100 within NSW based on local primary school student exam performance. Similar to primary school, secondary public school contribute to the attractiveness of Black Springs (NSW), which obtains score of 85.7 out of 100 within NSW based on local secondary school student exam performance. Considering the background of students in primary school, Black Springs (NSW) has a worse than average score, which is 19.5 out of 100. Similar to to primary school, secondary school has worse than average score, which is 26.6 out of 100.

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Black Springs, NSW smart rating was calculated by GeoIndex Australia.

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