BLACKBURN SOUTH 3130
State: VICPosiProp AI Investment Summary
BLACKBURN SOUTH (VIC 3130) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.9% and has experienced a 12-month capital growth of Up 2.4%, with a median house buy price of $1,371,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,223,000
$1,260,000
$1,405,000
$1,371,500
Suburb Market Profile
Last month Blackburn South had 31 properties available for rent and 39 properties for sale. Median property prices over the last year range from $1,371,500 for houses to $900,000 for units. If you are looking for an investment property, consider houses in Blackburn South rent out for $650 PW with an annual rental yield of 2.9% and units rent for $630 PW with a rental yield of 4.3%. Blackburn South has seen an annual compound growth rate of 2.4% for houses and -0.3% for units.