25A Craig Street, Blackburn South VIC 3130
25A Craig Street, Blackburn South VIC 3130
4-bed / 3-bath compact format | strong school catchment | smaller land component | owner-occupier demand | mid-$1.4M signal
Four bedrooms and three bathrooms are provided within a compact 325-square-metre footprint, placing this property in a more contemporary, low-maintenance segment of the Blackburn South market than older detached houses on generous lots. Established school catchments and accessible suburban amenity are offered by the location, and the smaller land component is not a weakness: it is precisely what makes the property attractive to downsizers and family buyers who want modern functionality without the upkeep of a large garden.
The value may be most influenced by internal condition and presentation, as these factors tend to drive price more than anything else in this segment. The compact land size might limit extension or subdivision, though for a finished family house, layout efficiency matters more. Healthy rental demand exists, but modest yields may matter if the property is viewed as an investment.
Detailed Independent Property Report prepared by PropCred Analyst team for 25A Craig Street, Blackburn South VIC 3130
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
1
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Market Insight
Blackburn South remains a solidly residential middle-ring market, anchored by spacious homes and established parkland, with demand concentrated among families and professionals in the 40–50 age bracket, many of whom own outright or hold mortgages. The median house price sits at $1,373,000, up 3.5% annually, while the unit market is notably softer at $725,000, a 20.4% decline over the same period; other estimates for units vary widely, but the directional weakness is consistent. Houses spent roughly 40 days on market, up 5.3% from last year, and annual sales volume fell 25.9% to 117 transactions—signs of thinning turnover and buyer caution. Median weekly rents are $650 for houses and $620 for units, with unit rental yields around 4.7%, suggesting investor interest is selective. Transport access to the city, schools, sports clubs, and local retail continue to underpin demand, but the slowdown in house sales and sharp unit price correction point to affordability constraints and rate sensitivity becoming more prominent risks that could temper near-term growth.
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PropCred Estimated Value
Comparable Sales: nearby 3-bed house at $1.26M; compact 4-bed at $1.2M | Listed Price Band: $1.4M–$1.5M | Value Indicator: internal condition, land size, presentation
Bedrooms
4
Bathroom
3
Parking
1
Land
325m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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