16 Penrose Cct, Blackwater is a 0 bedroom, 0 bathroom House. The property has a land size of 477m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 0 bedroom House sold in Blackwater in the last 12 months.
Seize this rare opportunity to secure a 477sqm vacant block in Blackwater's premier location Blue Ridge Estate. Surrounded by quality, modern homes and benefiting from underground power, this premium parcel is the perfect starting point for your next project.With two street frontagesand generous space, the block presents outstanding potential to build a dual residence investment (STCA)or a low-maintenance home tailored to your lifestyle.Whether you're an investor chasing excellent returns or a homebuilder seeking a prime location with beautiful views, this block delivers incredible value in a thriving community.Key Features:- 477sqm flat, cleared block- Two street frontages ideal for dual occupancy (STCA)- Located in prestigious Blue Ridge Estate- Surrounded by quality builds and underground services- Excellent rental yield potential in BlackwaterOpportunities like this dont last long enquire today to secure your future in Blue Ridge Estate.
The size of Blackwater is approximately 657.3 square kilometres. It has 15 parks covering nearly 0.3% of total area. The population of Blackwater in 2016 was 4749 people. By 2021 the population was 4702 showing a population decline of 1.0% in the area during that time. The predominant age group in Blackwater is 30-39 years. Households in Blackwater are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Blackwater work in a machinery operators and drivers occupation.In 2021, 33.10% of the homes in Blackwater were owner-occupied compared with 29.70% in 2016.
Blackwater has 2,793 properties. Over the last 5 years, Houses in Blackwater have seen a 87.96% increase in median value, while Units have seen a 36.92% increase. As at 30 November 2025:
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