Blackburn South's four-bedroom homes are the standout this month, clearing at 81 per cent and selling in around five weeks, both faster and stronger than the three-bedroom bracket. Buyers who have compared the surrounding suburbs are noticing the value here, a four-bedroom home has a median of $1.408 million, comfortably below equivalent homes in neighbouring pockets.
That value, combined with busier opens than July and buyers feeling more confident making decisions, is translating into real results. Five-bedroom homes are more measured at 64 per cent, in keeping with the pattern of buyers above a million taking their time.
With first-home buyers the dominant group and the $700,000 to $1.2 million range the most active, buyers are enjoying genuine choice right now rather than feeling rushed. Owners with a well-presented family home priced off recent comparable sales are in the strongest position this suburb has offered in some time.
Median sale price for houses in Blackburn South is $1,341,500, down 0.2% from last year.
Median sale price for units in Blackburn South is $770,000, up 13.2% from last year.
Properties sold for houses in Blackburn South is 143, up 10.0% from last year.
Properties sold for units in Blackburn South is 22, down 15.4% from last year.
Auction clearance for houses in Blackburn South is 75.7%, down 14.2% from last year.
Auction clearance for units in Blackburn South is 85.7%, up 28.6% from last year.
Av days on market for houses in Blackburn South is 55, up 7.8% from last year.
Av days on market for units in Blackburn South is 35, down 70.3% from last year.
$1,485,000
$1,363,000
$1,350,000
$1,341,500
$1,325,000
$1,221,000
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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