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 2.4% and has experienced a 12-month capital growth of Up 8.3%, with a median house buy price of $1,630,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,284,000
$1,374,500
$1,718,888
$1,630,000
Suburb Market Profile
Last month Blackburn had 43 properties available for rent and 82 properties for sale. Median property prices over the last year range from $1,630,000 for houses to $800,000 for units. If you are looking for an investment property, consider houses in Blackburn rent out for $695 PW with an annual rental yield of 2.4% and units rent for $595 PW with a rental yield of 4.0%. Blackburn has seen an annual compound growth rate of 8.3% for houses and 10.9% for units.