All About Blackburn, Whitehorse, VIC, 3130

The housing market in Blackburn, a suburb within the City of Whitehorse, Victoria, presents a dynamic landscape characterized by a blend of historical charm and modern accessibility. As of recent trends, Blackburn has seen a steady appreciation in property values, primarily due to its strategic location approximately 17 kilometers east of Melbourne's central business district. The area offers a mix of housing options, from elegant period homes that reflect its rich history to contemporary apartments catering to diverse preferences and budgets. Families and investors alike are attracted to Blackburn's strong sense of community, excellent public transport links, and proximity to key amenities. The suburb's verdant scenery, highlighted by parklands such as Blackburn Lake Sanctuary, enhances its desirability, making it a sought-after location for those seeking a balance between urban convenience and suburban tranquility.

Living in Blackburn offers a relaxed and community-oriented lifestyle underscored by numerous recreational and cultural amenities. Residents enjoy access to a variety of local attractions, including vibrant cafes, dedicated cycling paths, and esteemed educational institutions like Blackburn High School, known for its academic excellence. The suburb fosters a tight-knit community atmosphere, reflected in events at its bustling community centers and active local clubs. Despite its growth and modernization, Blackburn maintains a peaceful ambiance, with tree-lined streets and leafy suburbs contributing to a serene living environment. The area’s public transport options, including two train stations, Blackburn and Laburnum, ensure easy commuting to Melbourne’s CBD, enhancing its appeal to professionals looking for convenient city access. Overall, Blackburn combines a rich tapestry of community life with the comforts of a well-connected suburban lifestyle.

Blackburn Real Estate Market Outlook

Thinking about buying in Blackburn? Now could not be a better time, with 8542 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,684,000 with prices in this suburb ranging from $281,000 to $6,277,000. The aproximate distance to the coast is 14 Km.

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 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 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 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.

Instant Property Valuation

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Public Transport

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General Points of Interest

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