Blackburn South

Blackburn South, VIC 3130 is a suburb with a population of 10,939 residents. The area has a mix of age groups, with a significant number of residents aged between 20 to 44 years. The suburb offers good commuting options, with a high number of residents working from home. The ICSEA percentile for government schools is 79.5, indicating a relatively high level of educational advantage for students. For house investors, Blackburn South presents an opportunity with a healthy market absorption rate and a moderate sale price growth over 5 years. The suburb's sale price IQR ratio is relatively high, suggesting it could be attractive for renovators. On the other hand, unit investors should take note of the high market absorption rate and moderate rental yield. Both houses and units have low vacancy rates, indicating stable rental demand. Blackburn South, VIC 3130 is a vibrant suburb with a diverse demographic profile and strong educational opportunities. It offers good investment potential for both house and unit investors, with stable rental demand, low vacancy rates, and moderate growth prospects. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022