SOLD
Sold on 18 Mar 2024 for $646,000

The Ridge
Blackburn VIC 3130

Bedrooms: 2
Bathrooms: -
Car spaces: 1
Floor area: 55m2
Land area: 508m2
Sold By
McGrath Blackburn (F)
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Property Details for Lot 5 The Ridge, Blackburn

Lot 5 The Ridge, Blackburn is a 2 bedroom, bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 508m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Blackburn in the last 12 months.

Building Type
Unit
Year Built
1960
Floor Size
55m2
Land Size
508m2
Local Government
Whitehorse
Lot/Plan
5/RP2107

Property History for Lot 5 The Ridge, Blackburn, VIC 3130

A timeline of how this property has performed in the market
Last Sold
$646,000
18 Mar 2024
  • 18 Mar 2024
    Sold for $646,000
  • 17 Sep 2011
    Sold for $320,000

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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 8,469 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 22 properties listed for sale, and 15 properties listed for rent in Blackburn on OnTheHouse. According to CoreLogic's data, 301 properties were sold in the past 12 months in Blackburn.

Suburb Insights for Blackburn 3130

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.