Blackburn North VIC 3130

Here you can find what you need to know about Blackburn North, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$999k Median Sale Price (National Average $485k) 118th In VIC
-13.25% Median Price Change (1 yr) (National Average 4.30%) 2610th In VIC
$470pw Median Rent (National Average $395) 181st In VIC
2.5% Median Gross Yield (National Average 4.24%) 560th In VIC
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Properties sold 72
Average discounting -6.73%
Average Days on Market 51
Stock on Market 4 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Blackburn North, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Blackburn North, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Blackburn North, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Blackburn North


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State Auction Clearance Rates - July 2019

Auctions Clearance rate
VIC 397 72%
ACT 30 67%
NSW 296 85%
NT 7 67%
QLD 80 49%
SA 51 53%
TAS 5 100%
WA 12 50%

Local Schools


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Suburb Information

Blackburn North, VIC 3130

Part of: Whitehorse Council No data available

The size of Blackburn North is approximately 2.7 square kilometres. It has 10 parks covering nearly 5.8% of total area. The population of Blackburn North in 2011 was 7,027 people. By 2016 the population was 7,468 showing a population growth of 6.3% in the area during that time. The predominant age group in Blackburn North is 40-49 years. Households in Blackburn North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Blackburn North work in a professional occupation. In 2011, 79.1% of the homes in Blackburn North were owner-occupied compared with 76.6% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Blackburn North

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Blackburn North   for Houses in last 12 months


There have been 72 Houses sold in Blackburn North in the past 12 months with a median sale price of $999K, up -13.25% annually. It takes on average 51 days to sell with vendor discounting of -6.73%.

Streets in Blackburn North


Others also viewed

Suburb Median Price Change (1 yr) Median Sale Price Median Rent Median Gross Yield
Blackburn VIC, 3130 -16.57% $1,181,000 $480pw 2.1% View Suburb Profile
Blackburn South VIC, 3130 -17.97% $970,000 $463pw 2.5% View Suburb Profile
Box Hill South VIC, 3128 -19.03% $1,143,750 $510pw 2.3% View Suburb Profile
Sunshine West VIC, 3020 -6.66% $610,000 $370pw 3.1% View Suburb Profile
Brunswick VIC, 3056 -13.91% $996,500 $600pw 3.1% View Suburb Profile
Nunawading VIC, 3131 -16.51% $910,000 $445pw 2.5% View Suburb Profile