Suburb Profile Report for Blackburn South VIC (3130)

Blackburn South House: Median price $1,095,500, Annual capital growth 10.88%, Number of sales 132, Weekly median advertised rent $460

Blackburn South Unit: Median price $700,000, Annual capital growth 8.96%, Number of sales 31, Weekly median advertised rent $413

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

VIC has seen average median house prices change by 8.96% which means that Blackburn South, 3130 has done well for property investors by showing a capital gain of 16.68% over the last year

A 76.41% growth in median value for property investors in Blackburn South,3130 puts this suburb at number 158th in terms of best performing suburbs in VIC

Blackburn South, 3130 is offering VIC ‘s 556th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this VIC.

Situated 16.15km from the CBD, Blackburn South is one of Whitehorse localities in the postcode 3130.

Blackburn South is in the bottom 10% in VIC when comparing median price capital growth over the last year. Blackburn South gave property investors a dismal capital gain figure when compared to the rest of the state, with -10.26%.

At number 69th of VIC’s most discounted properties, Blackburn South is in the bottom 30% of the state/territory when listing in order of most discounted to least.

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At number 1950th in the list of Australian suburbs ordered by increase in median house value over the last year, Blackburn South, 3130 is in the BOTTOM 50% with a property value increase of 1.34% recorded in median house prices.

When looking at the potential capital gains offered to property investors over the last 3 years, Blackburn South comes in at number 400th in VIC.

Blackburn South3130 is located in VIC which offers an average discount of -8.61% to property investors. Blackburn South itself is showing figures that indicate -8.07% is the average achievable by property buyers investing in the suburb.
The VIC suburb of Blackburn South, 3130 is in the Whitehorse local government area.Full summary
At number 1950th in the list of Australian suburbs ordered by increase in median house value over the last year, Blackburn South, 3130 is in the BOTTOM 50% with a property value increase of 1.34% recorded in median house prices.
 
When looking at the potential capital gains offered to property investors over the last 3 years, Blackburn South comes in at number 400th in VIC.
 
Blackburn South3130 is located in VIC which offers an average discount of -8.61% to property investors. Blackburn South itself is showing figures that indicate -8.07% is the average achievable by property buyers investing in the suburb.
 
The VIC suburb of Blackburn South, 3130 is in the Whitehorse local government area.
 
Selling points: 
  • Another leafy and green Eastern Suburbs location with plenty of parks and sporting options. 
  • Easy access to the Eastern Freeway and CBD plus major shopping centres, schools and much more. 
  • Parklands, access to Forest Hill Chase and Burwood One Shopping Centres.
Most sought-after properties: 
  • 1960’s and 1970’s brick veneer houses.
  • Homes with the option of renovating, sub-dividing or developing.
Most common properties:  
1960’s and 1970’s brick veneer houses.
 
Top amenities: 
Orchard Grove Primary School Eley Park, Fulton Reserve, Orchard Grove Reserve.
 
Local industry and business:
Blackburn South shops on Canterbury Road.
 
Best streets: 
Orchard Grove, Rosslyn Street, Ayr Street, Richmond Street, Somerset Court
 
Public transport: 
  • Buses
  • Tram on Burwood Hwy
  • Middle of 2 train lines with trains from Box Hill Centro or Syndal
 
Main arteries: 
Canterbury Road, Middleborough Road, Blackburn Road, Eley Road.
Close
Metrics i HOUSE UNIT
$1,095,500 $700,000
4.33% N/A
16.68% -10.26%
10.88% 8.96%
$460 $413
132 31
2.18% 3.06%
60.48 71.45

Source: CoreLogic

DSR Score for property investment : Balanced (U), Good (H)
Find a mortgage broker in Blackburn South VIC
Demographics
Total population 10585
Median household income ($/weekly) 1275
Median age of persons 41
Median housing loan repayment ($/monthly) 1972
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 1263 11.9
    25-34 years 1182 11.2
    35-44 years 1561 14.7
    45-54 years 1369 12.9
    55-64 years 1069 10.1
    Others 4141 39.1
    Age Group
    Census Count Percent(%)
    Registered Married 4253 53.7
    Not Married 3196 40.4
    Defacto Relationship 468 5.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 6923 69.1
    Croatia 500 5.0
    Malta 213 2.1
    United Kingdom 379 3.8
    Other 349 3.5
    Others 1649 16.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 517 5.4
    Christianity 6179 64.4
    Hinduism 139 1.4
    Other Religious Groups 96 1.0
    No Religion 2551 26.6
    Others 112 1.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 423 12.2
    $600-$799 298 8.6
    $1,500-$1,999 402 11.6
    $2,000-$2,499 331 9.6
    $2,500-$2,999 340 9.8
    Others 1660 48.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3103 38.2
    Employed, worked full-time 2868 35.3
    Employed, worked part-time 1655 20.4
    Employed, away from work 277 3.4
    Unemployed, looking for work 214 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 679 14.2
    Professionals 1461 30.5
    Technicians & trades workers 554 11.5
    Clerical & administrative workers 711 14.8
    Sales 456 9.5
    Others 937 19.5
    Occupation
    Census Count Percent(%)
    Pre-school 233 8.9
    Infants/Primary 839 32.0
    Secondary 683 26.0
    Technical or Further Educational Institution 190 7.2
    University or other Tertiary Institutions 587 22.4
    Others 90 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8810 88.6
    Flat, unit or apartment 639 6.4
    Semi-detached, row or terrace house, townhouse 487 4.9
    House or flat attached to a shop, office 8 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1538 41.4
    Being purchased 1319 35.5
    Rented 807 21.7
    Other tenure type 49 1.3
    Tenure Type
Census 2011, ABS
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