2 Chapel StreetBlackburn VIC 3130
Property Details for 2 Chapel St, Blackburn
Last Listing description (August 2024)
Ray White, Blackburn are pleased to offer 2 Chapel St, Blackburn,
This significant land holding represents a rare opportunity to take advantage of the growing commercial demand throughout the Eastern Growth Corridor, one of Melbourne's highest capital gain areas, and in particular, Blackburn
Visually prominent, the site has an allotment area of 761m2, with the added bonus of access to a side laneway, creating additional design options for architectural flexibility
The property is ideally located just off Whitehorse Rd, home of many national and international tenants, and within 500m from Blackburn Railway Station and the South Parade retail strip
For further information, please contact the listing agents:
Peter Schenck 0412 210 528
Allan Smith 0419 522 440
Property History for 2 Chapel St, Blackburn, VIC 3130
- 12 Aug 2024Sold
- 04 Jun 2024Listed for Sale Price on Application
- 19 Oct 2023Listed for Sale $2,000,000
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0About 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 8,444 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:
- The median value for Houses in Blackburn is $1,576,463 while the median value for Units is $781,899.
- Houses have a median rent of $630 while Units have a median rent of $520.
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