150 Springfield RoadBlackburn VIC 3130
Property Details for 150 Springfield Rd, Blackburn
Last Listing description (January 2019)
Gorman Commercial is pleased to present 150 Springfield Road, Blackburn for sale by public auction on Thursday 29th November at 1pm on-site.
Outstanding and rare entry level opportunity to secure a high exposure single level versatile retail/office freehold located within an established retail strip.
We highlight the key attributes below:
* Offered with monthly tenancy
* Invest or occupy
* Land area of 183 sqm approx.
* Commercial 1 zone
* High exposure position metres from the intersection of Surrey Road
* First time offered in 40 years
The property is located in a high exposure position within an established retail precinct metres from the intersection of Surrey Road. The immediate area is well serviced by a range of different businesses with a three mixed-use project proposed to be developed on the adjoining site. The property is located within proximity to North Blackburn Shopping Centre, Blackburn Train Station and retail precinct, Eastern Freeway and major arterials including Whitehorse Road, Blackburn Road and Springvale Road.
Property History for 150 Springfield Rd, Blackburn, VIC 3130
- 23 Oct 2021Transferred
- 23 Nov 2018Sold for $620,000
- 31 Oct 2018Listed for Sale Not Disclosed
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About Blackburn 3130
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 8,861 properties. Over the last 5 years, Houses in Blackburn have seen a -0.85% decrease in median value, while Units have seen a 4.65% increase. As at 31 March 2026:
- The median value for Houses in Blackburn is $1,609,462 while the median value for Units is $813,906.
- Houses have a median rent of $695 while Units have a median rent of $580.
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