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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 1 of 1 investment properties found in Blackburn on realestateinvestar.com.au

5/8-10 Albert St, BLACKBURN

$580,000

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VIC 3130


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