Suburb Profile
Blackburn - FREE SUBURB PROFILE REPORT POSTAL CODE: VIC,3130
Blackburn - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3130
house
unit
BLACKBURN ranks 256th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 8.5% for the past year is lower than average compared to its 86.76% growth within a five-year period.
Also in BLACKBURN, the median home price is sitting at $1,410,500, and the average rent at $470, this suggests property owners could potentially earn a 1.73% increase in gross rental yield.
Property investors have seen a 0.5% gain in BLACKBURN based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 8.48% growth over a ten-year period. It ranks 234th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,410,500 | $669,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0.5% | 4.53% |
| Median 12 month | 8.5% | 5.19% |
| Median 3 years | 43.05% | 28.78% |
| Median 5 years | 86.76% | 36.81% |
| 10 years average annual | 8.48% | 5.34% |
| Weekly media advert. rent | $470 | $400 |
| Time on Market | 70.0 days | 72.2 days |
| Gross Rental Yield Percent | 1.73% | 3.11% |
demographics (median values)
Total Population
11961
Weekly Household Income
1170
Household Size
2.50
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Capital Gains Tax (CGT) Calculator
Blackburn, VIC
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