BLACKBURN 3130
State: VICPosiProp AI Investment Summary
BLACKBURN (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 Down -3.6%, with a median house buy price of $1,560,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,270,000
$1,335,000
$1,652,888
$1,560,000
Suburb Market Profile
Last month Blackburn had 47 properties available for rent and 89 properties for sale. Median property prices over the last year range from $1,560,000 for houses to $747,000 for units. If you are looking for an investment property, consider houses in Blackburn rent out for $740 PW with an annual rental yield of 2.7% and units rent for $600 PW with a rental yield of 4.5%. Blackburn has seen an annual compound growth rate of -3.6% for houses and -5.7% for units.
Top Yielding Suburbs in VIC
Explore other high-yield positive cash flow investment markets in VIC