Blackburn sits in Melbourne’s east — a suburb that runs suburban, welcoming, family-oriented. Here’s what the numbers and the locals actually say about the property and rental situation.
Rental Prices — Blackburn 2026
| Property Type | Weekly Rent | Monthly | Annual |
|---|---|---|---|
| 1-bedroom unit | $378/wk | $1638/mo | $19,656/yr |
| 2-bedroom unit | $496/wk | $2149/mo | $25,792/yr |
| 3-bedroom house | $651/wk | $2821/mo | $33,852/yr |
Rents in Blackburn have risen by 3-5% compared to 2025. The vacancy rate sits at 3.6%, which is relatively comfortable — take your time choosing.
Property Prices
| Property Type | Median Price | 12-Month Change |
|---|---|---|
| House | $1,167,415 | +2.1% |
| Unit/Apartment | $519,767 | +1.4% |
Gross rental yield: 5.0% (units tend to yield higher than houses in Blackburn).
Who Lives Here
Blackburn attracts mostly families with some younger renters. The suburb is known for Blackburn local shops, community feel, suburban lifestyle.
Average resident profile:
- Age: Predominantly 35-55
- Household: Young professionals and sharehouse groups
- Income: Around metro median
Renting Tips for Blackburn
Apply fast. Good properties in Blackburn get 20-40 applications. Have your documents ready: 100 points of ID, recent payslips, rental history, references.
Inspect in person. Photos lie. Check water pressure, phone reception, natural light at the time of day you’d actually be home. Open the cupboards. Flush the toilet.
Look beyond North Parade. The main strip is where rent premiums hit hardest. One or two blocks back, you get the same proximity for less money.
Know your rights. Victorian tenancy law caps rent increases to once per 12 months. Your landlord must give 60 days notice. Urgent repairs must be addressed within 24 hours (blocked toilet, no hot water, gas leak).
Budget beyond rent. Factor in: utilities ($150-250/month), internet ($70-90/month), contents insurance ($15-25/month), and transport (Public transport options in Blackburn).
Investment Outlook
Blackburn is an emerging area with infrastructure investment driving gradual growth. The 5.0% gross yield is above the metro average.
Key factors:
- Transport: Public transport options in Blackburn
- Schools: Limited local options — neighbouring suburbs have better schools
- Infrastructure: New town centre development approved
Suburb Character & Lifestyle
Blackburn runs suburban, welcoming, family-oriented. The main commercial strip along North Parade is where most of the daily life happens — cafes, restaurants, and essential services within walking distance for those who live close. The neighbourhood is known for Blackburn local shops, community feel, suburban lifestyle, which drives both rental demand and property values.
The housing stock is a mix of Victorian-era terraces, Edwardian cottages, and modern apartment developments. For renters, the most common options are standalone units behind older houses. For buyers, the entry point is typically a townhouse on a smaller block at the lower end of the market.
Transport reality: Public transport options in Blackburn. The commute to the CBD is realistic for daily workers, and most residents report using a combination of public transport, cycling, and driving depending on the trip.
Cost of Living Snapshot
| Expense | Typical Cost |
|---|---|
| Coffee | $4.50-5.00 |
| Brunch | $17-25 |
| Dinner out | $22-38 pp |
| Pint of beer | $11-13 |
| Cocktail | $17-23 |
| Groceries | $168/wk (couple) |
| Utilities | $237/mo (1br) |
| Internet | $70-90/mo (NBN) |
The Bigger Picture
Blackburn is on an upward trajectory with improving infrastructure and growing demand from first-home buyers. The suburb is suburban, welcoming, family-oriented, which attracts investors looking for reliable yield in an improving area.
5-year outlook: Depends heavily on interest rate trajectory. The fundamentals — location, transport, lifestyle amenity — are improving.
What to watch: Transport upgrades will improve connectivity.
Nearby
Last updated: March 2026. Data sources: Domain, REA Group, SQM Research.
Keep Exploring
More in this area:
- Rent Guide in Blackburn
- Honest Guide in Blackburn
- Transport Guide in Blackburn
- Cost Of Living in Blackburn
Useful tools:

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