Expected population of Blacktown in 2036
$24.8B
Blacktown City annual gross regional product in 2023 49%
Increase in Blacktown population from 2016 521,450
186,800
Estimated number of dwellings in Blacktown by 2036
Continued reduction in the supply pipeline –7,950 apartments per annum between 2025 – 2028.
Sydney needs to deliver 35K apartments annually to meet dwelling targets.
Projected shortfall of 81K+ new apartments between 2025 – 2028.
Forecast
10 Year Average: 17,710
8K
15,215
Current population of Schofields (2021 Census)
6.25%
Median price increase (units) 2022 – 2024
2.09%
Vacancy rate (all property types), Feb. 2025
Schofields population expected to grow by 8,000 annually until 2041
46,900
Expected population of Schofields by 2046
5.5%
Gross annual rental yield (units), Feb. 2025
9.9%
Median rent change since 2023 – 2024
Sources: ABS, Urbis, SQM Research, property.com.au
According to The Sydney Morning Herald Schofields is one of Australia’s most “advantaged suburbs” based on education, workforce participation, household income, home size, employment status, family status and other factors.
The Index of Household Advantage and Disadvantage (IHAD), named Schofields in its list of the nation’s 10 most advantaged suburbs. Almost 65% of households in Schofields were in the top quarter of the index’s measure of economic advantage.
Source: The Sydney Morning Herald, March 11, 2025
