VIC/
Blackburn

Suburb Profile

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

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BLACKBURN ranks 152nd in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 13.51% for the past year is lower than average compared to its 88.93% 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 $1,407,500, and the average rent at $460, this suggests property owners could potentially earn a 1.7% increase in gross rental yield.

Property investors have seen a -0.18% drop in BLACKBURN based on a decrease 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 13.51%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 8.98% growth over a ten-year period. It ranks 113th on our list of suburbs that property investors should look into.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,407,500 $638,000
GROWTH REPORT
Median Quarterly -0.18% 3.74%
Median 12 month 13.51% 2.62%
Median 3 years 45.89% 19.72%
Median 5 years 88.93% 29.54%
10 years average annual 8.98% 4.95%
Weekly media advert. rent $460 $395
Time on Market 83.1 days 74.4 days
Gross Rental Yield Percent 1.7% 3.22%
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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