Thinking about buying in Blackburn North? Now could not be a better time, with 3395 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,609,000 with prices in this suburb ranging from $373,000 to $5,535,000. The aproximate distance to the coast is 16 Km.

Blackburn North Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. High average incomes in Blackburn North ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Blackburn North classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Blackburn North requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Houses for sale Blackburn North

	31 BRIDGEFORD AV, BLACKBURN NORTH, VIC, 3130	3	1		Auction 7th December at 10:00am
	22 GUNYAH RD, BLACKBURN NORTH, VIC, 3130	3	1	1	Auction 30th November at 12:30pm
	5 SHAFER RD, BLACKBURN NORTH, VIC, 3130	3	1	2	Auction 30th November at 11:30am

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General Points of Interest

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