Unit 4,
7-9 MIDDLEFIELD DRIVE Blackburn North VIC 3130

About Blackburn

With an average age of 37, households expect an average monthly mortgage payment of $2,400 or a weekly rent payment of $433. The average family earns a weekly income of $2,437 with a typical household size of 2.8 and a 95.63% employment rate.

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.

Public Transport

Stop 56: Elgar Road Mitcham Laburnum Stop 55: Hood Street Stop 55: Hood Street Stop 56: Elgar Road Stop 57: Nelson Road Stop 57: Nelson Road Stop 58: Box Hill Central Mont Albert

General Points of Interest

Green Acres Golf Club Macedon Plaza Neighbours Backlot Beckett Park Lookout Tower Academy Swimming Pool Doncaster Action Indoor Sports Ringwood Golf Course Boroondara Tennis Centre Camberwell Central Vermont South Shopping Centre

Population

(Country of Birth not stated 1%)

Are people healthy?

Local Crime Rates

Incidents Trend State Average

Local Schools

• School Catchments

  Blackburn High School Old Orchard Primary School

• Kerrimuir Primary School

  Box Hill North, VIC, 3129 State Prep-6

  NAPLAN

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Property Story

Local Developments

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• 134 Acme Avenue Street, Town, State

  Description - Details the application. Type and other information pertaining to the development application and more...

  Authority Reference: UX0909823-GOV Website