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 2.7% and has experienced a 12-month capital growth of Up 7.5%, with a median house buy price of $1,411,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,164,250
$1,285,000
$1,625,500
$1,411,000
Suburb Market Profile
Last month Blackburn North had 18 properties available for rent and 27 properties for sale. Median property prices over the last year range from $1,411,000 for houses to $886,500 for units. If you are looking for an investment property, consider houses in Blackburn North rent out for $700 PW with an annual rental yield of 2.7% and units rent for $600 PW with a rental yield of 3.7%. Blackburn North has seen an annual compound growth rate of 7.5% for houses and -5.8% for units.