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Investment Property Blackburn, VIC, 3130

Suburb Snapshot

Blackburn is a suburb in the Whitehorse Region of Victoria. Blackburn has a population of 13,944 people and 22.36% of its occupants live in rental accommodation. The median listing price for houses is $1,400,000 and this has changed 2.56% over the past year and changed 7.69% over 2 years.

The median rent in Blackburn for houses is $595 per week and the median rental yield is 2.21%. Stock on the market for houses/townhouses has changed 11.67% compared to last year and the average time to sell a house/townhouse is 50 days.The median listing price for units is $550,000 and this has changed 5.76% over the past year. The average unit takes 89 days to sell and the median rent for a unit in Blackburn is $490 per week, producing a rental yield of 4.63%.

Supply & Demand in Blackburn, Whitehorse

0.81%

Current vacancy rate


56

Rental stock available


13,944

Population


22.36%

Rental population


1.07%

Current vacancy rate


819

Rental stock available


162,076

Population


25.58%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Blackburn, Whitehorse

  House Townhouses Units
Median listing price $1,400,000 $1,085,000 $550,000
Median price change - last quarter 1.44% 0.00% 3.15%
Median price change - 1 year 2.56% 13.02% 5.76%
Median price change - 2 years 7.69% 4.83% 6.79%
  House Townhouses Units
Median weekly rent $595 $700 $490
Median yield % 2.21% 3.35% 4.63%
Median rent change - 1 year 7.20% 3.70% 8.88%
  House Units
Previous month sales 17 7
Stock on market previous month 67 47
Stock variance vs. last year 11.67% -14.55%
Average days on market 50 89

Blackburn investment property listings

Showing 5 of 159 investment properties found in Blackburn on realestateinvestar.com.au

6/53-55 Williams Rd, Blackburn

$1,300,000

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Spacious Design, Ideal Position

Spacious, comfortable and thoughtfully laid out, this three-bedroom home offers the kind of flexibility that makes everyday living feel easy. Multiple living zones, quality finishes and a private outdoor area create a home that suits families, professionals or downsizers wanting space without the ...

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Townhouse

VIC 3130


7/196-198 Surrey Rd, Blackburn

$850,000

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Stylish, Low-Maintenance Living in the Heart of Blackburn

Fresh, light-filled and move-in ready, this beautifully renovated double-storey home delivers effortless modern living in a location that continues to grow in popularity. Whether you're a first home buyer, downsizer or investor, this is an opportunity to secure a quality home with nothing left to ...

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Townhouse

VIC 3130


2A Lagoona Ct, Blackburn

$1,360,000

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Updated classic with boundless potential on 1,076sqm corner bloc

Poised on an expansive 1,076sqm corner block, with wide frontages to both Canterbury Road and peaceful Lagoona Court, this generous single-level clinker brick home presents an exciting array of future possibilities in a prized location. Featuring elegant original features enhanced by quality ...

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House

VIC 3130


3 Selwyn St, Blackburn

$1,570,000

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Elevated Family Living with a Luxe Master Retreat

Positioned on the high side of a peaceful no-through street, this much-loved residence has been thoughtfully renovated and extended to deliver a stunning family home of space, style and flexibility. Set on approximately 612sqm (STCA), the home offers immediate comfort with two generous living ...

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House

VIC 3130


2/33 Elmhurst Rd, Blackburn

$900,000

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The ultimate Blackburn adventure awaits buyers of all kinds

Spanning a low-maintenance yet very versatile single level comes this wonderful residence nestled in the middle of a boutique block. Whether you're downsizing or have a small family who desires to begin a Blackburn adventure, this 3 bedroom, 2 bathroom home also has you superbly placed close to ...

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Unit

VIC 3130


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