Blackburn VIC 3130

Here you can find what you need to know about Blackburn, 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

$1.3m Median Sale Price (National Average $485k) 88th In VIC
-7.09% Median Price Change (1 yr) (National Average 4.30%) 2506th In VIC
$485pw Median Rent (National Average $395) 226th In VIC
1.9% Median Gross Yield (National Average 4.24%) 997th In VIC
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Properties sold 124
Average discounting -9.10%
Average Days on Market 75
Stock on Market 34 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, 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, 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, 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


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Latest Auction Results for Blackburn as at 24 March 2019

Property Details
Sale Price
3Bed / 2Bath / 2Car / Unit
$910,000
3Bed / 1Bath / 2Car / House
$860,000
4Bed / 1Bath / Car / House
$1,110,000
4Bed / 3Bath / Car / House
-

State Auction Clearance Rates - March 2019

Auctions Clearance rate
VIC 820 57%
ACT 62 53%
NSW 506 62%
NT 12 56%
QLD 121 34%
SA 113 51%
TAS 5 33%
WA 42 47%

Local Schools


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Suburb Information

Blackburn, VIC 3130

Part of: Whitehorse Council No data available

The size of Blackburn is approximately 5.9 square kilometres. It has 28 parks covering nearly 9.8% of total area. The population of Blackburn in 2011 was 12,795 people. By 2016 the population was 13,927 showing a population growth of 8.8% in the area during that time. The predominant age group in Blackburn is 40-49 years. Households in Blackburn are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Blackburn work in a professional occupation. In 2011, 76.7% of the homes in Blackburn were owner-occupied compared with 72.3% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Blackburn

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Blackburn   for Houses in last 12 months


There have been 119 Houses sold in Blackburn in the past 12 months with a median sale price of $1.2M, up -7.98% annually. It takes on average 55 days to sell with vendor discounting of -7.32%.

Streets in Blackburn


Others also viewed

Suburb Median Price Change (1 yr) Median Sale Price Median Rent Median Gross Yield
Mckinnon VIC, 3204 -3.49% $1,601,000 $660pw 2.1% View Suburb Profile
Blackburn North VIC, 3130 -7.24% $1,057,500 $450pw 2.2% View Suburb Profile
Blackburn South VIC, 3130 -9.95% $1,068,500 $463pw 2.2% View Suburb Profile
Box Hill VIC, 3128 -19.43% $1,410,000 $520pw 1.9% View Suburb Profile
Mitcham VIC, 3132 -6.06% $985,000 $460pw 2.4% View Suburb Profile
Forest Hill VIC, 3131 -10.09% $953,000 $450pw 2.5% View Suburb Profile