106/394-398 Middleborough Rd, Blackburn is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. While the property is not currently for sale or for rent, it was last sold in November 2015.
Rental Yield - 5.6%
If you are seeking a strong cash flow performer to add to your investment crown or if you want to taste the success of home ownership, look no further than this cosmopolitan apartment. A prize for young professionals with Laburnum train station and mouth-watering cafes just a few short steps away, the generous one bedroom configuration is ideal for students who are studying at nearby Box Hill TAFE and Deakin University.
Views across prestigious Box Hill High School and out to Box Hill City Oval are an attractive backdrop to the airy balcony, spilling inside to the open-plan living room and stylish kitchen featuring stone surfaces and stainless steel appliances.
Wonderfully comfortable with a sleek bathroom, laundry facilities, split system air-conditioning, a stacker car space and a storage cage, be thrilled by the proximity to buzzing Box Hill Central, top-rated restaurants and world class hospitals.
* Contemporary one bedroom apartment
* Spacious living room with view-filled balcony
* Stone kitchen with stainless steel appliances
* Seconds from Laburnum train station and cafes
* Across from Box Hill High School
* Stacker car space and storage cage
* Near Box Hill Central, TAFE, Deakin University and hospitals
Currently leased for $1,368 per calendar month with a 5.6% rental yield.
Terms: 10% deposit, balance 30/60/90 days
The size of Blackburn is approximately 5.9 square kilometres. It has 23 parks covering nearly 12.0% of total area. The population of Blackburn in 2016 was 13940 people. By 2021 the population was 14478 showing a population growth of 3.9% in the area during that time. The predominant age group in Blackburn is 40-49 years. Households in Blackburn are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Blackburn work in a professional occupation.In 2021, 72.00% of the homes in Blackburn were owner-occupied compared with 72.30% in 2016.
Blackburn has 8,854 properties. Over the last 5 years, Houses in Blackburn have seen a 9.00% increase in median value, while Units have seen a 18.82% increase. As at 31 December 2025:
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