How Much Is My Home Worth In Blackburn?
Real Estate Appraisal Blackburn VIC 3130
The median price for a house in Blackburn is $1,391,000 as of January 22, 2021. A median-priced unit is $660,000. There have been 117 houses and 63 units sold in the last year. The average annual capital growth for houses is 5.75% and units is 4.51%. The12-month capital growth is 8.20% on houses and 11.54% for units. The Demand to Supply Ratio or DSR rating has houses and units or apartments as above average. There is currently more demand than supply but not by much. Vendors are usually getting the price they are asking for. As an investment expect the capital growth to trend ahead of the national average. Houses remain for 39 days on the market and units take 48 days until they are sold.
House prices and rent returns in Blackburn.
- 2 bedroom home No Data Rent per week $415
- 3 bedroom home $1,355,000 Rent per week $450
- 4 bedroom home $1,435,000 Rent per week $550
Unit prices and rent returns in Blackburn.
- 1 bedroom unit $372,000 Rent per week $350
- 2 bedroom unit $560,500 Rent per week $410
- 3 bedroom unit $925,000 Rent per week $550
The gross rental yield for houses is 1.80% And for units, it is 2.74%.
Free Real Estate Appraisal Blackburn
Selling your house in Blackburn? Do you want to know the current market price of your house or unit? Our appraisers will deliver an accurate appraisal based on recent sales data together with the location to amenities, schools and shops. Our agents will provide this valuation free of charge.
Free Rental Appraisal Blackburn
Do you have an investment property you wish to rent? Or, do you want to rent out your current home? Our property management team currently manages over 3600 properties. There is no scenario we have not dealt with when it comes to managing real estate. We use the latest software tools to streamline our services. We deal directly with the landlord and keep them up to speed with the rental of their property.
Lifestyle in Blackburn
Blackburn is an eastern suburb of Melbourne. It is located just 16 kilometres from the CBD of Melbourne. Its neighbouring suburbs include Mitcham and Box Hill. To the east of Blackburn is the Blackburn Lake Sanctuary. There are 2 train stations – the Blackburn Station and Laburnum Station. You can finding mutliple sporting clubs for football, tennis, basketball, cricket, netball and soccer. The population is around 12,760 according to the 2011 Census.
Schools in Blackburn
There are 5 schools in Blackburn.
- Blackburn Lake Primary School Co-educational
- Laburnum Primary School Co-educational
- Blackburn primary School Co-educational
- Blackburn High School Co-educational
- St Thomas The Apostle School Prep – 6 Co-educational
Blackburn Real Estate Agent Contact Details.