Real Estate Blackburn Vic 3130

Real Estate Market: Is Blackburn VIC 3130 a Good Suburb to Buy Into?

Housing Market in Blackburn

Key Blackburn Metrics & Forecast to 2028

Sources: Property Listings, VIC RENTALS and Microburbs, 2000 - 2023

Field	Value	VS Melbourne	Trend
Capital Growth Forecast: Houses	Premium	Premium	Premium
Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium
Median yield for houses	Premium	Premium	Premium
Smart median rent: All houses	$672	Top 28%	131% to Mar 2025
Smart median sale price: All houses	Premium	Premium	Premium

Housing Supply in Blackburn

Blackburn Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023

Blackburn

36.2%

Melbourne

28.8%

Compare
Suburbs

Field	Value	VS Melbourne	Trend
Development applications	491	Top 9%	358% to Jun 2025
Developments	1.0	Bottom 33%	Data for Jul 2023
Housing Stock Quality Indicator	89.6	Top 3%	Data for May 2023
Total new residential buildings value (SA2)	Premium	Premium	Premium
Days on market: houses	Premium	Premium	Premium
Days on market: units	Premium	Premium	Premium
Number of Subdivisions	36 lots	Top 17%	18% to May 2023
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Stock on Market	66	Top 1%	to Mar 2025

Housing Stock Quality in Blackburn

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023

Field	Value	VS Melbourne	Trend
Houses	66.0%	Bottom 7%	13% to Jan 2021
Average bedrooms - all homes	2.5	Top 48%	3% to Jan 2021
NBN connection: fibreoptic cable to node	0.0%	Bottom 37%	Data for Jun 2023

Development Restrictions in Blackburn

Blackburn Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023

Blackburn

26.5%

Melbourne

36.9%

Compare
Suburbs

Field	Value	VS Melbourne	Trend
Total area	6.4 sq km	Bottom 46%	Data for Jan 2021
Heritage overlay total area	0.1 sq km	Top 37%	Data for Jun 2023
Residential density	346 sqm per resident	Bottom 14%	Data for Jan 2021

Risk in Blackburn

Blackburn Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Blackburn

62.0%

Melbourne

60.4%

Compare
Suburbs

Field	Value	VS Melbourne	Trend
% Owner Occupied	78.5%	Bottom 14%	0% to May 2023
% Rentals	21.5%	Top 14%	1% to May 2023
Housing Affordability Index	63	Top 5%	Data for Jun 2023
Median monthly mortgage	$2,050	Top 43%	12% to May 2023
Rent Affordability Index (Houses)	77	Bottom 43%	Data for Jun 2023
Rent Affordability Index (Units)	74	Bottom 38%	Data for Jun 2023
Mortgage as a percent of income	24.6%	Top 36%	3% to Jan 2021
Mortgaged Dwellings	35.6%	Bottom 41%	9% to May 2023

Housing Demand in Blackburn

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 1975 - 2030

Blackburn

87.5%

Melbourne

82.9%

Compare
Suburbs

Field	Value	VS Melbourne	Trend
Net internal migration (LGA)	Premium	Premium	Premium
Net overseas migration (LGA)	Premium	Premium	Premium
Future Population (SA2)	25500	Top 8%	13% to Dec 2036
Historical Population (SA3)	115000	Top 20%	27% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	211000	Top 6%	44% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Auction clearance rate	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium
Vacancy rate	Premium	Premium	Premium

Unit Market in Blackburn

Blackburn Unit Investor Report

Sample Graphic

Sources: Property Listings, VIC RENTALS and Microburbs, 2000 - 2023

Field	Value	VS Melbourne	Trend
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$568	Top 27%	158% to Mar 2025
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	57.5%	Bottom 22%	21% to Mar 2025

Median Unit Sale Prices by Street (100)

Date	Median sale value	Street
10 May 2024	$358,500	Queen St
10 May 2024	$750,000	Blackburn Rd
10 May 2024	$621,500	Albert St
10 May 2024	$750,000	Clare St
10 May 2024	$531,000	Baldwin Rd

Median House Rental Prices by Street (51)

Level_0	Street	Date	Median rent (per week)
110356	Fulview Ct	30 Mar 2025	$740
110348	Frankcom St	30 Mar 2025	$780
110346	Francis St	30 Mar 2025	$700
110389	Gordon Cr	30 Mar 2025	$900
110387	Goodwin St	30 Mar 2025	$710

LGA Details (1)

Headline	Place	Datetime
Local government area	Whitehorse

Turnover Rate by Street (100)

Turnover rate	Street	Turnover Label	Turnover Years	Year
82.2%	Surrey Rd	average turnover	Every 12.2 years (average turnover)	2025
78.6%	Naughton Gr	average turnover	Every 12.7 years (average turnover)	2025
62.1%	Lake Rd	quite tightly held	Every 16.1 years (quite tightly held)	2025
30.0%	Athol Ct	very tightly held	Every 33.3 years (very tightly held)	2025
51.7%	Dickens St	quite tightly held	Every 19.3 years (quite tightly held)	2025

Accommodation Options (12)

Headline	Place	Datetime
A Country Retreat in the City	16 Linum St
Bed & Breakfast Victoria	16 Linum St
Bluebell Bed & Breakfast	19 Whitehorse Rd
City & Metropolitan Serviced Apartments
EE SONG PTY LTD

Realtors (13)

Headline	Place	Datetime
Barry Plant Blackburn	88 South Parade
Excel Strata Managers	Ste 12 14 Albert St
Fletchers \| Real Estate Agent Blackburn	75A Railway Rd
Jan Hancock Property	177 Surrey Rd, Blackburn Vic 3130
Jellis Craig Blackburn - Real Estate Agency	130 South Parade

Median House Sale Prices by Street (100)

Street	Date	Median sale value
Blackburn Rd	10 May 2024	$1,224,000
Heath St	10 May 2024	$2,025,000
Bent St	10 May 2024	$1,638,000
Cootamundra Cr	10 May 2024	$820,000
Clifton St	10 May 2024	$1,687,000

Percent of Renters by Street (100)

Percent of Renters	Street
0.0%	Acacia Ave
12.9%	Alandale Ct
14.4%	Alandale Rd
47.5%	Albert St
29.6%	Alfred St

Businesses (94)

Name	Address
Ausbuild Constructions P/L	23 Cottage St, Blackburn VIC 3130, Australia
MRC Constructions	3/4 Solwood Ln, Blackburn VIC 3130, Australia
Centrepoint Projects	Se 3/14-16 Blackburn Rd, Blackburn VIC 3130, Australia
Stenny Constructions Pty Ltd	18 Gerald St, Blackburn VIC 3130, Australia
Stone.Sun Pty Ltd	1a/2 Whitehorse Rd, Blackburn VIC 3130, Australia

Planning Applications: Other (44)

Headline	Place	Date
Apply a boarding permit in a dog daycare centre for 10 dogs - Whitehorse City Council WH/2025/181	25 Terra Cotta Drive, Blackburn VIC 3130	21 Mar 2025
Wh/2020/599 like for like signage change - company has done a rebrand - Whitehorse City Council WH/2020/599/A	67-69 Railway Road, Blackburn VIC 3130	19 Mar 2025
Wh/2020/599 like for like signage change - company has done a rebrand - Whitehorse City Council WH/9999/871	67-69 Railway Road, Blackburn VIC 3130	15 Mar 2025
The address -- LG01/21 Queen St, Blackburn Vic 3130 has a planning permit which was approved on 12th of March, 2024. Now we need a change of use, from food and drink premises to an office. We’re planning to remove the range hood and the sink in the property, and have two of the walls changed position, adding two doors to make two rooms for the office use. - Whitehorse City Council WH/2011/546/G	21 Queen Street, Blackburn VIC 3130	27 Feb 2025
The address -- LG01/21 Queen St, Blackburn Vic 3130 has a planning permit which was approved on 12th of March, 2024. Now we need a change of use, from food and drink premises to an office. We’re planning to remove the range hood and the sink in the property, and have two of the walls changed position, adding two doors to make two rooms for the office use. - Whitehorse City Council WH/2011/546/G	21 Queen Street, Blackburn VIC 3130	27 Feb 2025

Planning Applications: Dwellings (54)

Headline	Place	Date
Development of two or more dwellings on a lot in the GRZ. Buildings and works in the SLO9. - Whitehorse City Council WH/2025/172	3 Linden Street, Blackburn VIC 3130	19 Mar 2025
Construction of a mezzanine and a reduction in the car parking requirement. - Whitehorse City Council WH/2024/998	10 Terra Cotta Drive, Blackburn VIC 3130	12 Dec 2024
2-unit development construction of 2 new dwellings - Whitehorse City Council WH/2024/922	16 Kerr Street, Blackburn VIC 3130	20 Nov 2024
2-unit development construction of 2 new dwellings - Whitehorse City Council WH/2024/922	16 Kerr Street, Blackburn VIC 3130	20 Nov 2024
Construction of front fence within 4 meters of protected trees pursuant to the Significant Landscape Overlay, Schedule 9 - Whitehorse City Council WH/2024/909	31 Stanley Grove, Blackburn VIC 3130	14 Nov 2024

Planning Applications: Industrial (2)

Headline	Place	Date
Change of use (Motor Repairs) in the Industrial 1 Zone and the reduction in car parking - Whitehorse City Council WH/2024/1005	4/21 George Street, Blackburn VIC 3130	18 Dec 2024
Buildings and works and the reduction in one (1) car parking space within the Industrial 1 Zone. - Whitehorse City Council WH/2024/63	20 Terra Cotta Drive, Blackburn VIC 3130	08 Feb 2024

Recently Sold Houses (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
59a Maple St	$1,515,000	4.0	2.0	1.0	22 Mar 2025	On Market
14 Kerr St	$1,570,000	4.0	2.0	1.0	22 Mar 2025	On Market
11 Parkside St	$2,460,000	6.0	3.0	2.0	20 Mar 2025	On Market
23 Masons Rd	Price Withheld				17 Mar 2025	On Market
23 Masons Rd	Price Withheld	4.0	3.0	3.0	17 Mar 2025	On Market

Recent Rental Unit Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
Unit 3, 53 Laburnum St	$5,402,346	2.0	1.0	2.0	26 Mar 2025
Unit 3, 53 Laburnum St	$5,402,346	2.0	1.0	2.0	26 Mar 2025
Unit 3, 53 Laburnum St	$5,402,346	2.0	1.0	2.0	26 Mar 2025
Unit 3, 53 Laburnum St	$5,402,346	2.0	1.0	2.0	26 Mar 2025
Unit 110, 12 Queen St	$500	1.0	1.0	1.0	25 Mar 2025

Recent Rental House Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
Unit 13, 104 Main St	$700	2	2	1	28 Mar 2025
Unit 13, 104 Main St	$700	2	2	1	28 Mar 2025
8 Naughton Gr	$950	4	2	2	28 Mar 2025
15 Wellington Ave	$750	4	2	2	26 Mar 2025
15 Wellington Ave	$750	4	2	2	26 Mar 2025

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
Unit 5, 8-10 Lithgow Ave	Price Withheld	3.0	1.0	1.0	28 Mar 2025	On Market
Unit 5, 8-10 Lithgow Ave	Price Withheld	3.0	1.0	1.0	28 Mar 2025	On Market
Unit 1, 4 Minna St	$901,000	2.0	1.0	1.0	22 Mar 2025	On Market
Unit 1, 11 Clare St	Price Withheld	2.0	1.0	1.0	22 Mar 2025	On Market
Unit 1, 4 Minna St	$901,000	2.0	1.0	1.0	22 Mar 2025	On Market