BLACKBURN NORTH 3130
State: VICPosiProp AI Investment Summary
BLACKBURN NORTH (VIC 3130) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.1% and has experienced a 12-month capital growth of Up 3.1%, with a median house buy price of $1,365,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,028,000
$1,275,000
$1,607,500
$1,365,000
Suburb Market Profile
Last month Blackburn North had 24 properties available for rent and 22 properties for sale. Median property prices over the last year range from $1,365,000 for houses to $964,500 for units. If you are looking for an investment property, consider houses in Blackburn North rent out for $710 PW with an annual rental yield of 3.1% and units rent for $600 PW with a rental yield of 4.1%. Blackburn North has seen an annual compound growth rate of 3.1% for houses and 18.2% for units.
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