The Blackburn South median house price is $1.37 million for the April to June 2025 quarter, representing a quarterly rise of 3.5% and an annual change of -3.5%, according to DataVic/REIV data. If you are buying, selling, or investing in Blackburn South, those headline numbers are your starting point — but the full picture requires a closer look at recent trends, demographics, and what is actually driving value in this tightly held Melbourne suburb.

What Is the Blackburn South Median House Price Right Now?

Based on DataVic/REIV data for the April to June 2025 quarter, the Blackburn South median house price stands at $1,370,000. That represents a quarter-on-quarter increase of 3.5%, a positive sign after a period of broader Melbourne softening, though the year-on-year figure sits at -3.5%, reflecting the price correction that played out across much of Melbourne’s middle-ring east during 2024 and into early 2025.

The unit market tells a more cautious story. The Blackburn South median unit price is $713,000 for the same quarter, down 1.7% quarter-on-quarter and down a significant 24.2% year-on-year. That annual unit decline is notable and likely reflects both a supply-side adjustment and shifting buyer demand toward detached housing in the suburb.

• Median house price (Apr-Jun 2025): $1,370,000
• Quarter-on-quarter change (houses): +3.5%
• Year-on-year change (houses): -3.5%
• Median unit price (Apr-Jun 2025): $713,000
• Quarter-on-quarter change (units): -1.7%
• Year-on-year change (units): -24.2%

Source: DataVic/REIV via Collings Real Estate CRM data, April to June 2025 quarter.

What Do the Numbers Say About the Blackburn South Property Market?

To understand what those price figures mean in practice, it helps to look at who lives in Blackburn South and what underpins its long-term demand. According to ABS Census 2021 data, Blackburn South has a population of 10,939 residents, with a median age of 42.0 years — older than the Melbourne metropolitan average, which reflects the suburb’s strong owner-occupier culture and stable, established household base.

The median household income in Blackburn South is $1,861 per week (ABS Census 2021), placing it well above the national median and indicating a financially resilient buyer pool. The median rent is $410 per week (ABS Census 2021), which is relevant context for investors assessing yield potential relative to the current $1.37 million house price median.

What Does the Rental Yield Look Like?

Using the ABS median rent of $410 per week against the current $1.37 million median house price, the implied gross rental yield for Blackburn South houses sits at approximately 1.6%. This is consistent with a suburb where capital growth has historically been the primary investor motivation rather than rental income. By comparison, suburbs further north along Melbourne’s inner ring — such as those explored in our guide to median house prices in Northcote — tend to offer higher yield profiles given their lower entry price points.

How Does Blackburn South Compare to Nearby Suburbs?

Blackburn South sits at a premium relative to many comparable Melbourne middle-ring suburbs. Buyers who find the $1.37 million median price point stretches their budget sometimes look east or north for alternatives. For context on how pricing moves across Melbourne’s broader corridor, our coverage of median house prices in Thornbury and median house prices in Preston provides useful comparative benchmarks for buyers weighing up their options.

What Are the Key Considerations When Buying, Selling, or Investing in Blackburn South?

Whether you are buying your first home, upsizing, or building a property investment portfolio, Blackburn South presents a set of distinct market dynamics worth understanding before you act.

Buying in Blackburn South

The suburb’s owner-occupier-dominated demographic means stock turns over relatively slowly. Buyers should expect competitive auction conditions for well-presented four-bedroom family homes on larger blocks, particularly those within the Blackburn High School zone. The quarterly price uptick of 3.5% in April to June 2025 suggests renewed buyer confidence after a softer 2024, making early engagement with off-market opportunities particularly valuable. Registering on a buyer portal to access pre-market and off-market listings can give you a meaningful head start — you can sign up for off-market property alerts here.

Selling in Blackburn South

With the year-on-year house price figure at -3.5%, vendors need accurate, current appraisals rather than relying on peak 2023 or early 2024 comparables. The quarterly recovery of 3.5% is an encouraging signal, but realistic pricing underpinned by genuine comparable sales data will be critical to achieving a strong result in 2026. Presentation, vendor advocacy, and agent local knowledge matter significantly at this price point.

Investing in Blackburn South

The unit market’s 24.2% annual decline warrants careful scrutiny for investors. That figure may partly reflect a specific cohort of comparable sales within the quarter rather than a structural collapse, but it does signal that unit investors in Blackburn South face a more challenging repricing environment than house investors. Investors focused on land content and long-term capital growth potential will find the house segment more resilient, though yields remain low relative to higher-density Melbourne suburbs.

• Confirm zoning and overlay status before purchasing any development-potential site
• Engage a buyer’s agent familiar with Blackburn South’s school zones and street-level value variation
• Assess body corporate obligations carefully for any unit or townhouse purchase given recent unit price softness
• Request a current appraisal before listing — market conditions have moved materially since 2023 peaks

How Does Collings Real Estate Help Buyers, Sellers, and Investors in Blackburn South?

Collings Real Estate brings deep Melbourne-wide expertise to the Blackburn South property market. Our team provides free, no-obligation property appraisals grounded in current DataVic and REIV-sourced comparable sales data — not outdated estimates. We combine that data rigour with genuine local knowledge of what drives premiums in Blackburn South, from school zone positioning to block orientation and renovation potential.

For buyers, our off-market portal gives you access to properties before they hit the public market. For sellers, our appraisal process is built around realistic, achievable outcomes in today’s conditions. For investors, we provide frank advice on yield, depreciation potential, and suburb-level demand trends.

To speak with the Collings team about Blackburn South property, contact us directly:

• Phone: 03 9486 2000
• Email: info@collings.com.au
• Office: 230 Waterdale Road, Ivanhoe, VIC 3079

Request a free property appraisal today by calling 03 9486 2000 or emailing info@collings.com.au — our team will provide a current, data-backed assessment of your Blackburn South property’s value.

Frequently Asked Questions About Blackburn South House Prices

What is the median house price in Blackburn South in 2025?

The median house price in Blackburn South for the April to June 2025 quarter is $1,370,000, according to DataVic/REIV data. This represents a 3.5% increase quarter-on-quarter and a 3.5% decrease year-on-year.

Are house prices rising or falling in Blackburn South?

House prices in Blackburn South rose 3.5% in the April to June 2025 quarter compared to the previous quarter, suggesting a recovery in momentum. However, the year-on-year figure remains negative at -3.5%, reflecting the broader Melbourne market correction experienced through 2024.

What is the median unit price in Blackburn South?

The median unit price in Blackburn South is $713,000 for the April to June 2025 quarter, down 1.7% quarter-on-quarter and down 24.2% year-on-year, according to DataVic/REIV data.

What is the population and median income in Blackburn South?

According to ABS Census 2021 data, Blackburn South has a population of 10,939, a median age of 42.0 years, and a median household income of $1,861 per week. The median rent is $410 per week.

How do I get a property appraisal in Blackburn South?

Contact Collings Real Estate on 03 9486 2000 or email info@collings.com.au to request a free, no-obligation property appraisal for your Blackburn South home. Our office is located at 230 Waterdale Road, Ivanhoe, VIC 3079.

Blackburn South remains one of Melbourne’s most tightly held middle-ring eastern suburbs, supported by strong household incomes, an established owner-occupier community, and consistent long-term demand from family buyers. The quarterly price recovery in mid-2025 is an encouraging signal, and both buyers and sellers stand to benefit from working with an agent who understands the current data in detail. For a free, obligation-free appraisal grounded in the latest Blackburn South market figures, contact the Collings Real Estate team today.