2/15 John Street, Blackburn VIC 3130
2/15 John Street, Blackburn VIC 3130
2-bedroom brick unit, 63 m² lot, one bathroom, timber floors, split-system heating/cooling, private backyard with shed, carport parking, north-facing, ground-level, zoned for Blackburn Primary School.
The private backyard with a garden shed is a competitive edge for a unit of this size, as it is rare to find in Blackburn’s unit stock and directly supports a low-maintenance lifestyle. The north-facing orientation and timber floorboards enhance the living quality without requiring immediate renovation, which reduces the barrier to entry for first-home buyers or downsizers. This property sits in a quiet pocket of Blackburn, close to the shopping square, walking track, and station, making it well-positioned for convenience-oriented buyers. It serves best those seeking a manageable footprint with genuine outdoor space, rather than a purely interior-focused apartment.
The 63 m² lot is small, which may constrain future expansion or appeal to buyers who prioritise land size, and the building’s mid-to-late 20th century age may mean that structural or maintenance considerations are worth investigating. The 2014 sale price of $375,000 provides a long-term benchmark, but the absence of more recent transaction data means that current market positioning should be tested against comparable units in the immediate area. The split-system and timber floors are standard finishes, so they do not add premium value but do avoid the discount that dated interiors would incur.
Detailed Independent Property Report prepared by PropCred Analyst team for 2/15 John Street, Blackburn VIC 3130
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
1
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Market Insight
Blackburn presents as a well-established eastern suburb with strong transport connectivity. Demand is driven by a balanced mix of owner-occupiers and investors, evidenced by high auction clearance rates and consistent sales volumes. The housing market demonstrates robust growth, while the unit sector shows more dynamic, albeit varied, performance. Future prospects are underpinned by sustained buyer activity, though market conditions indicate some normalisation in selling times and price sensitivity.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
63m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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