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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 $1,390,000 and this has changed 6.92% over the past year and changed -4.14% over 2 years.

The median rent in Blackburn for houses is $550 per week and the median rental yield is 2.05%. Stock on the market for houses/townhouses has changed 6.56% compared to last year and the average time to sell a house/townhouse is 51 days.The median listing price for units is $520,000 and this has changed -1.89% over the past year. The average unit takes 118 days to sell and the median rent for a unit in Blackburn is $450 per week, producing a rental yield of 4.50%.

Supply & Demand in Blackburn, Whitehorse

0.72%

Current vacancy rate


49

Rental stock available


13,944

Population


22.36%

Rental population


1.01%

Current vacancy rate


757

Rental stock available


162,076

Population


25.58%

Rental population


0.87%

Current vacancy rate


26,641

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 $1,390,000 $995,500 $520,000
Median price change - last quarter 2.96% -0.26% 0.97%
Median price change - 1 year 6.92% -2.41% -1.89%
Median price change - 2 years -4.14% 4.78% -8.78%
  House Townhouses Units
Median weekly rent $550 $680 $450
Median yield % 2.05% 3.55% 4.50%
Median rent change - 1 year 8.91% 13.33% 15.38%
  House Units
Previous month sales 12 1
Stock on market previous month 65 54
Stock variance vs. last year 6.56% 5.88%
Average days on market 51 118

Blackburn investment property listings

Showing 5 of 77 investment properties found in Blackburn on realestateinvestar.com.au

1/5 Hindon St, Blackburn

$750,000

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Unmatched lifestyle credentials

In the very heart of Blackburn, an easy walk from the train and Blackburn Station Village, this wonderful villa home is the ideal choice for retirees scaling down, first homebuyers, investors or professional couples looking for more lifestyle and less maintenance. Neatly presented with potential ...

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VIC 3130


3&4/30 Cootamundra Cres, Blackburn

$650,000

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This well positioned bedroom unit is sure to impress

Located at the rear of a small complex, these 2 units offers complete privacy and easy maintenance. These 2 units are on one sale, however currently there are 2 separate tenants in place so it offers a savvy investor the opportunity for a higher yield. With many attractive amenities nearby ...

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VIC 3130


4/11 Main St, Blackburn

$660,000

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Enjoy a carefree café lifestyle

Only metres from the bustling hub of Blackburn Station Village, this stylish villa is the perfect starter home, downsizer, or ready-to-go investment, guaranteed to impress from the moment you step inside. Light bounces off the polished timber floors in the living and dining room, connecting with a ...

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VIC 3130


3/50 Elmhurst Rd, Blackburn

$1,150,000

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Renovated jewel with single-level ease

This fully renovated 3 bedroom home is nestled in a tranquil side street opposite Elmhurst Basin Reserve, perfect for downsizers or a family seeking to be in the coveted Box Hill High School and Blackburn Primary School zones. Elegance and sophisticated splendour oozes throughout the home with its ...

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VIC 3130


2 Kerr St, Blackburn

$1,150,000

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Land of Opportunity

Looking for the perfect level allotment with no trees and a wide frontage? Look no further than this fantastic parcel of land. With a street frontage of 18.3m and zoned General Residential Zone Schedule 1, the 596m2 approx. block could be ideal for those looking to do a knockdown rebuild or ...

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House

VIC 3130


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