Blackburn is a well-established eastern suburb of Melbourne, located 18km from the CBD in the Whitehorse Council area. Known for the Blackburn Lake Sanctuary, quality state and private schools, and easy access to both the Ringwood and Box Hill lines, Blackburn appeals strongly to families and long-term investors. Median house price was $1.42M in mid-2026.
Blackburn Property Market Snapshot 2026
| Metric | Houses | Units |
|---|---|---|
| Median Price | $1,420,000 | $680,000 |
| Gross Rental Yield | 2.6–3.3% | 4.0–4.8% |
| Annual Growth | +4.0% | +2.8% |
| Median Weekly Rent | $850–$1,050 | $565–$650 |
| Vacancy Rate | 1.6% |
GeeVee Investment Score — Blackburn
| Factor | Score |
|---|---|
| Rental Yield | 6/10 |
| Capital Growth | 7/10 |
| Family Appeal | 8/10 |
| GeeVee Score | 7.0/10 |
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