Blackburn is Melbourne's most treasured middle-east suburb — a beautifully maintained community of Federation and post-war homes where Blackburn Lake Sanctuary's magnificent natural wetland reserve and bird habitat, direct Belgrave and Lilydale train access, and an extraordinarily high 72% owner-occupier rate deliver a lifestyle of genuine suburban excellence. Blackburn's 'best-kept-secret' status among Melbourne's eastern families, excellent local schools, and consistent above-market capital growth reflect its remarkable residential quality. At the current $1.2m median house price, an 80% loan at 6.25% over 30 years is about $5,911 per month.
| Median house price | $1,200,000 |
|---|---|
| Median unit price | $680,000 |
| Estimated monthly repayment | $5,911 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 6% |
| Gross rental yield | 3.5% |
| Typical days on market | 15 |
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