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.
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.
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.
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 8,445 properties. Over the last 5 years, Houses in Blackburn have seen a 19.34% increase in median value, while Units have seen a 17.90% increase. As at 31 August 2024:
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