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.

Blackburn 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 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.

Houses for sale Blackburn

	45 jeffery st, blackburn, vic, 3130	3	2	1	Sold
	unit 1, 4 tyrrell av, blackburn, vic, 3130	3	2	2	Sold $1,555,000
	unit 2, 203 canterbury rd, blackburn, vic, 3130	4	3	2	For Sale $1,400,000 - $1,540,000
	14 springfield rd, blackburn, vic, 3130	2	1	2	For Sale $1,000,000 - $1,100,000
	24 dickens st, blackburn, vic, 3130	3	1	3	For Sale Contact Agent
	62 maple st, blackburn, vic, 3130				For Sale $1,600,000
	apartment 301, 18 queen st, blackburn, vic, 3130	1	1		$330,000 - $360,000
	apartment 9, 85 whitehorse rd, blackburn, vic, 3130	2	1	1	$500,000
	33 whitehorse rd, blackburn, vic, 3130	4	2	2	Expression of Interest
	9 clare st, blackburn, vic, 3130	3	1	2	1700000
	unit 2, 25 baldwin rd, blackburn, vic, 3130	3	2	2	1000000
	25 tyrrell av, blackburn, vic, 3130	2	2	2	1200000
	17 service rd, blackburn, vic, 3130	9	3	2	1450000
	8 clarke st, blackburn, vic, 3130	5	2	4	$2,000,000 - $2,200,000
	unit 3, 21 laburnum st, blackburn, vic, 3130	3	2	2	$1,100,000 - $1,200,000
	35-35a railway rd, blackburn, vic, 3130				CONTACT AGENT
	unit 205, 6 queen st, blackburn, vic, 3130	2	1	1	$450,000 - $480,000

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General Points of Interest

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