Blackburn North shares Blackburn's exceptional residential character with a slightly more affordable entry point — a quiet, leafy family suburb where the Blackburn Lake Sanctuary's bushland reserve, excellent Manningham and Whitehorse council schools, and strong community identity deliver consistent capital growth from Melbourne's family buyer pool. Its proximity to both Box Hill's commercial hub and Blackburn's outstanding village amenity creates outstanding value relative to its eastern location. At the current $1.15m median house price, an 80% loan at 6.25% over 30 years is about $5,665 per month.
| Median house price | $1,150,000 |
|---|---|
| Median unit price | $660,000 |
| Estimated monthly repayment | $5,665 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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