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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 0.71% over the past year and changed 7.69% over 2 years.

The median rent in Blackburn for houses is $600 per week and the median rental yield is 2.22%. Stock on the market for houses/townhouses has changed 12.31% compared to last year and the average time to sell a house/townhouse is 53 days.The median listing price for units is $588,000 and this has changed 13.07% over the past year. The average unit takes 93 days to sell and the median rent for a unit in Blackburn is $495 per week, producing a rental yield of 4.37%.

Supply & Demand in Blackburn, Whitehorse

0.72%

Current vacancy rate


50

Rental stock available


13,944

Population


22.36%

Rental population


1.11%

Current vacancy rate


848

Rental stock available


162,076

Population


25.58%

Rental population


0.94%

Current vacancy rate


29,256

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 $1,077,500 $588,000
Median price change - last quarter 1.44% 0.00% 3.15%
Median price change - 1 year 0.71% 8.23% 13.07%
Median price change - 2 years 7.69% 5.63% 10.94%
  House Townhouses Units
Median weekly rent $600 $700 $495
Median yield % 2.22% 3.37% 4.37%
Median rent change - 1 year 9.09% 2.94% 10.00%
  House Units
Previous month sales 20 11
Stock on market previous month 73 50
Stock variance vs. last year 12.31% -7.41%
Average days on market 53 93

Blackburn investment property listings

Showing 2 of 2 investment properties found in Blackburn on realestateinvestar.com.au

2c Service Rd, BLACKBURN

$840,000

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Unit

VIC 3130


10 Suffolk St, BLACKBURN

$1,400,000

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House

VIC 3130


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