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Blackburn

Suburb Profile

Blackburn - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3130

house
unit
BLACKBURN ranks 634th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 14.11% for the past year is higher than average compared to its 20.75% growth within a five-year period.

This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.

Also in BLACKBURN, the median home price is sitting at $1,352,750, and the average rent at $480, this suggests property owners could potentially earn a 1.85% increase in gross rental yield.

Property investors have seen a 0.19% gain in BLACKBURN based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on BLACKBURN, 3130 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 14.11%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 5.91% growth over a ten-year period. It ranks 867th on our list of suburbs that property investors should look into.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,352,750 $746,500
GROWTH REPORT
Median Quarterly 0.19% 8.7%
Median 12 month 14.11% 11.91%
Median 3 years -2.68% 13.11%
Median 5 years 20.75% 24.42%
10 years average annual 5.91% 3.72%
Weekly media advert. rent $480 $410
Time on Market 45.5 days 66.4 days
Gross Rental Yield Percent 1.85% 2.86%
demographics (median values)
Total Population
11961
Weekly Household Income
1170
Household Size
2.50
demographics
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