SOLD
Sold on 22 May 2024 for $363,000

103/1 Queen Street
Blackburn VIC 3130

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 49m2
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Property Details for 103/1 Queen St, Blackburn

103/1 Queen St, Blackburn is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2018. The property has a floor size of 49m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Blackburn in the last 12 months.

Building Type
Unit
Year Built
2018
Floor Size
49m2
Local Government
Whitehorse
Lot/Plan
103/PS724915

Last Listing description (June 2024)

Wonderful opportunity for the savvy property investor as it's currently tenanted on a fixed term lease which expires 09/09/2024 achieving rental of $1608 per calendar month.

A prestigious low-rise apartment setting and first floor position creates all the elements of success in this contemporary 1 bedroom home. Spaciously appointed and bathed in natural light, the open plan design of the chic apartment invites both entertaining and relaxation. Serviced by a chef-worthy kitchen with Bosch stainless steel oven, gas cooktop and dishwasher, elegantly pared with light oak inspired timber cabinetry with pull out pantry storage and glass splashback. Extending to a quiet balcony for enjoying with guests.

The carpeted bedroom with walk-in robe provides ample space for a bed and desk if needed, set opposite the main bathroom fitted with a generous shower, vanity and toilet, plus separate Euro laundry and storage cupboard. Extra appointments include: intercom entry, lift service, split system heating/cooling, engineered oak floors, blinds, feature shelving/cabinet facing living area, a secure basement car space (not a stacker,) storage cage, plus internal mailboxes.

Suited to a broad range of prospective buyers (empty nesters, professionals, singles and investors) with excellent rental return. In easy walking distance to Blackburn Station trains/buses and an array of cafes, restaurants, fitness centres and medical services in Railway Avenue. Minutes to Blackburn Lake Sanctuary and a myriad of birdlife, central to Morton and Koonung parklands, North Blackburn Square Shops, Nunawading's Golden Mile of shops incl Brand Smart and Home HQ, and leafy Springfield Road's shops/cafes. Minutes to Box Hill Central, Westfield, Eastland and freeway/Eastlink connections.

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Property History for 103/1 Queen St, Blackburn, VIC 3130

A timeline of how this property has performed in the market
Last Sold
$363,000
22 May 2024
Listed for Rent
$350/w
02 Sep 2022
  • 22 May 2024
    Sold for $363,000
  • 09 Apr 2024
    Listed for Sale $359,000
  • 22 Nov 2023
    Listed for Sale $359,000
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About Blackburn 3130

The size of Blackburn is approximately 5.9 square kilometres. It has 23 parks covering nearly 12% of total area. The population of Blackburn in 2011 was 12,795 people. By 2016 the population was 13,927 showing a population growth of 8.8% in the area during that time. The predominant age group in Blackburn is 40-49 years. Households in Blackburn are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Blackburn work in a professional occupation. In 2011, 76.7% of the homes in Blackburn were owner-occupied compared with 72.3% in 2016.

Blackburn has 8,426 properties. Over the last 5 years, Houses in Blackburn have seen a 8.85% increase in median value, while Units have seen a 10.98% increase. As at 31 October 2024:

  • The median value for Houses in Blackburn is $1,560,260 while the median value for Units is $775,417.
  • Houses have a median rent of $650 while Units have a median rent of $520.
There are currently 31 properties listed for sale, and 13 properties listed for rent in Blackburn on OnTheHouse. According to CoreLogic's data, 293 properties were sold in the past 12 months in Blackburn.

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