2/22A Hamilton Avenue, Blackburn VIC 3130
2/22A Hamilton Avenue, Blackburn VIC 3130
Two-bedroom unit | Established Blackburn pocket | Walkable to station village | Private low-maintenance garden | Dual income appeal
This unit is positioned within a sought-after pocket of Blackburn, where the surrounding housing stock is largely detached homes and newer townhouses. The configuration is recognized for its efficient use of space, offering a low-maintenance footprint that appeals strongly to first-home buyers and small families. Its proximity to the station village and local schools is regarded as a significant advantage, while the private garden is seen as an uncommon outdoor feature for this property type. The unit is best suited for buyers who value convenience and accessibility over expansive internal areas.
Value may be influenced by the shared title arrangement, which might restrict certain external modifications. The lack of a dedicated parking space could also factor into buyer negotiations. Nevertheless, the property’s general condition and its established garden are likely to offset these concerns. Blackburn’s market has shown consistent demand for well-located, manageable units, though broader economic conditions may moderate price growth.
Detailed Independent Property Report prepared by PropCred Analyst team for 2/22A Hamilton Avenue, Blackburn VIC 3130
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
2
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Market Insight
Blackburn, east of Melbourne, combines established road and rail connectivity with a stable owner-occupier base: 38% mortgaged, 38% outright owners, 21% renters. Houses have a median of $1.65 million, growing 6.8–9.0% annually; units range from $801,000–$872,500, with growth up to 27.9% in some data. Auction clearance rates are firm at 71.9% (houses) and 83.3% (units), with houses selling in 28 days. Infrastructure access and strong family demand support future growth, yet affordability, rate sensitivity, and days on market rising to 46 for houses are key risks. Supply remains limited, with 34 listings in Blackburn North and 15 in Blackburn South. Data inconsistencies across sources point to market fluctuation.
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PropCred Estimated Value
Comparable Sales: a two-bedroom unit on Hamilton Avenue sold at $680,000; a three-bedroom townhouse on nearby Lake Road sold at $850,000 | Property Price Band: $700,000–$800,000 | Value Drivers: condition, private outdoor space, school catchment
Bedrooms
3
Bathroom
2
Parking
2
Land
348m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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