11 Blake Street, Blackburn North VIC 3130
11 Blake Street, Blackburn North VIC 3130
3-bed brick veneer | 585m² flat lot | no overlays | zoned for primary & high school | maintained 50+ years
This property presents a competitively strong, low-risk entry into a stable family catchment. Its single-level layout on a large, flat block with no development overlays offers immediate utility and long-term optionality, serving owner-occupiers seeking security and space over modern finishes. The extended tenure suggests sound structural maintenance, positioning it as a renovator’s opportunity in a settled location.
The core risk is paying a premium for a house requiring modernisation against comparable, updated stock. The opportunity lies in acquiring a blank canvas in a proven school zone, where the land component provides a durable value floor. Acquire for long-term hold, leveraging its functional layout while planning capital improvements. Our tailored report would pressure-test the listed range against true market comparables and detail locality-specific due diligence for your position.
Detailed Independent Property Report prepared by PropCred Analyst team for 11 Blake Street, Blackburn North VIC 3130
URL has been copied successfully!
Market Insight:
This suburb is a well-established family enclave, with demand firmly anchored by owner-occupiers seeking houses. These properties are transacting swiftly, reflecting strong competition and sustained price growth. In contrast, the unit market presents a clear divergence, experiencing softer conditions with longer marketing periods and price pressure. Future performance hinges on this enduring family demand, though investors should note the pronounced segmentation between housing types.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
585m²
Assessments Delivered Today
URL has been copied successfully!