Suburb Profile Report for Blackburn VIC (3130)

Blackburn House: Median price $1,369,500, Annual capital growth 7.34%, Number of sales 136, Weekly median advertised rent $495

Blackburn Unit: Median price $688,750, Annual capital growth 3.66%, Number of sales 74, Weekly median advertised rent $420

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

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report
  • Unit Report

Property investors who have had real estate in Blackburn, 3130 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 12.90%

Blackburn,3130 was ranked 588 in Australia by increase in median property value over the quarter.

On average over the past year, suburb has had 11.33 sales per month, which equates to 136 per year.

Blackburn is 620th on a list of best yielding suburbs for rents in VIC with a 1.88% return

At number 535th in the list of Australian suburbs ordered by increase in median house value over the last year, Blackburn, 3130 is in the top 40% with a property value increase of 4.44% recorded in median house prices.

A 26.38% growth in median value for property investors in Blackburn,3130 puts this suburb at number 324th in terms of best performing suburbs in VIC

At number 241th of VIC’s most discounted properties, Blackburn is in the TOP 10% of the state/territory when listing in order of most discounted to least.

The VIC suburb of Blackburn, 3130 is in the Whitehorse (C) local government area.

Dane Seeley Information supplied by:

Dane Seeley
Philip Webb

M 0413 957 365
O 9874 3355

W http://www.philipwebb.com.au/
E [email protected]
A leafy suburb within easy access of the CBD and surrounded by lush green trees , the very popular Blackburn Lake with an abundance of native bird life and an excellent mix of 1950’s -1960’s timber and brick homes and plenty of large allotments for development. A wide range of sporting facilities, shopping, schools and public transport.
 
Selling points: 
Blackburn Lake Sanctuary and the Blackburn Creeklands. Gardiners Creek Track, picnic areas, walking tracks and bike trails.
 
Most sought-after properties: 
  • Original 1950’s weatherboards.
  • 1960’s brick veneer homes.
 
Most common properties:  
  • Original 1950’s weatherboards.
  • 1960’s brick veneer homes.
 
Top amenities: 
  • Blackburn Village.
  • Blackburn Lake Sanctuary.
Local industry and business:
Blackburn Hotel, Jam for Joe Café, Jacaranda Tree Café, Blackburn Village shops. 
 
Best streets: 
Gordon Crescent, Laurel Grove, Glen Ebor Avenue, Fuchsia Street, Elm Street
 
Public transport: 
  • Blackburn train station.
  • Laburnum train station.
Main arteries: 
Maroondah Highway, Canterbury Road, Middleborough Road, Blackburn Road, Central Road.
Metrics i HOUSE UNIT
$1,369,500 $688,750
5.35% -1.75%
12.90% 4.44%
7.34% 3.66%
$495 $420
136 74
1.88% 3.17%
40.2089552238806 64.5090909090909

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 12795
Median household income ($/weekly) 1508
Median age of persons 40
Median housing loan repayment ($/monthly) 2000
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 1567 12.2
    25-34 years 1452 11.3
    35-44 years 1862 14.6
    45-54 years 1833 14.3
    55-64 years 1389 10.9
    Others 4693 36.7
    Age Group
    Census Count Percent(%)
    Registered Married 5063 53.5
    Not Married 3897 41.2
    Defacto Relationship 495 5.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 9068 74.4
    Croatia 459 3.8
    Indonesia 303 2.5
    United Kingdom 559 4.6
    Other 401 3.3
    Others 1393 11.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 289 2.5
    Christianity 7006 60.9
    Hinduism 183 1.6
    Other Religious Groups 167 1.5
    No Religion 3746 32.6
    Others 107 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 347 8.3
    $800-$999 355 8.5
    $1,500-$1,999 485 11.6
    $2,000-$2,499 395 9.4
    $2,500-$2,999 508 12.1
    Others 2098 50.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3619 36.7
    Not in the labour force 3447 34.9
    Employed, worked part-time 2187 22.2
    Employed, away from work 341 3.5
    Unemployed, looking for work 279 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 901 14.7
    Professionals 2164 35.2
    Community & personal service workers 536 8.7
    Clerical & administrative workers 884 14.4
    Sales 581 9.5
    Others 1081 17.6
    Occupation
    Census Count Percent(%)
    Pre-school 273 8.4
    Infants/Primary 1035 31.7
    Secondary 847 25.9
    Technical or Further Educational Institution 232 7.1
    University or other Tertiary Institutions 781 23.9
    Others 99 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 9734 82.2
    Semi-detached, row or terrace house, townhouse 1420 12.0
    Flat, unit or apartment 669 5.7
    House or flat attached to a shop, office 13 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 2031 44.5
    Being purchased 1525 33.4
    Rented 977 21.4
    Other tenure type 28 0.6
    Tenure Type
Census 2011, ABS
Chart Table