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Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
In Blackburn, the median property price for a house is currently 1,523,500 with annual capital growth of -1.60 . There were 106 house sales in the past 12 months. On average, houses spend 30 days on market.
If you're thinking about buying an investment property in Blackburn, consider that rental yields for houses are currently 2.21 with an average median rent of 630 weekly. Houses have seen -3.33 growth in the past quarter, and -1.60 growth in the past 12 months.
The size of Blackburn is approximately 5.9 square kilometres. It has 23 parks covering nearly 12% of total area. The population of Blackburn in 2011 was 12,795 people. By 2016 the population was 13,927 showing a population growth of 8.8% in the area during that time. The predominant age group in Blackburn is 40-49 years.
Households in Blackburn are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Blackburn work in a professional occupation. In 2011, 76.7% of the homes in Blackburn were owner-occupied compared with 72.3% in 2016.
In Blackburn, the median property price for a unit is currently 749,950 with annual capital growth of -14.78 . There were 111 unit sales in the past 12 months. On average, units spend 36 days on market.
If you're thinking about buying an investment property in Blackburn, consider that rental yields for units are currently 3.92 with an average median rent of 520 weekly. Units have seen -0.01 growth in the past quarter, and -14.78 growth in the past 12 months.
The size of Blackburn is approximately 5.9 square kilometres. It has 23 parks covering nearly 12% of total area. The population of Blackburn in 2011 was 12,795 people. By 2016 the population was 13,927 showing a population growth of 8.8% in the area during that time. The predominant age group in Blackburn is 40-49 years.
Households in Blackburn are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Blackburn work in a professional occupation. In 2011, 76.7% of the homes in Blackburn were owner-occupied compared with 72.3% in 2016.
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| Key Market Data | House | Unit |
| Median price | 1,523,500 | 749,950 |
| Quarterly growth | -3.33 | -0.01 |
| 12-month growth | -1.60 | -14.78 |
| Average annual growth | +3.87 | +2.48 |
| Weekly median rent | 630 | 520 |
| Gross rental yield | 2.21 | 3.92 |
| Number of Sales (12m) | 106 | 111 |
| Avg. Days on Market (12m) | 30 | 36 |
| Key Demographics | 2011 | 2016 |
| Total population | 12,795 | 13,927 |
| Population change (5y) | +7.00 | +8.80 |
| Median household income (p/w) | 1,505 | 1,791 |
| Household income change (5y) | +21.96 | +19.00 |
| Median age of persons | 41 | 41 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of Blackburn was 13,927 in 2016, a +8.80 change compared to 2011.
The predominant age group in Blackburn is 40-49 years.
The population of Blackburn was 13,927 in 2016, a +8.80 change compared to 2011.
The predominant age group in Blackburn is 40-49 years.
Most of the population in Blackburn were born in Australia.
Most of the population in Blackburn were born in Australia.
Most of the population in Blackburn report their religion as No Religion.
Most of the population in Blackburn report their religion as No Religion.
Most of the population in Blackburn report their income range as between 78,000 and 130,000 .
The median household income in Blackburn was 1,791 in 2016, a +19.00 change compared to 2011.
Most of the population in Blackburn report their income range as between 78,000 and 130,000 .
The median household income in Blackburn was 1,505 in 2011, a +21.96 change compared to 2006.
Most of the population in Blackburn work as Professional.
Most of the population in Blackburn work as Professional.
The chart below demonstrates the various levels of education in Blackburn.
The chart below demonstrates the various levels of education in Blackburn.
Most of the population in Blackburn reached a qualification level of Bachelor.
Most of the population in Blackburn reached a qualification level of Bachelor.
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