49-51 Railway Road, Blackburn, VIC 3130 | Property Value & History | OnTheHouse
 
OFF MARKET

49-51 Railway Road
Blackburn VIC 3130

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 387m2
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Property Details for 49-51 Railway Rd, Blackburn

Building Type
Commercial
Land Size
387m2
Local Government
Whitehorse
Lot/Plan
2/TP210243

Last Listing description (March 2020)

Colliers International are delighted to offer 49-51 Railway Road, Blackburn For Private Sale.

This functional freehold titled office building is offered with vacant possession and presents itself as a rare opportunity for all purchasing profiles (owner occupiers, investors and developers) to take advantage of this propertys strategic location within Blackburns thriving activity centre.


Key investment highlights are as follows:

A rare freehold title office building that is well positioned to all purchasing profiles;
Land area 552m*
Floor area 741m*
Commercial 1 Zone
On-site car parking for 23 cars via basement and on-grade at rear
Three (3) level building that can cater for a single occupier and/or multiple
A mix of open plan office areas and partitioned offices;
Full staff amenity on all floors
Offered with vacant possession
Excellent transport network with Blackburn Train Station, multiple bus connections and Eastern Freeway all within close proximity
Considerable redevelopment potential (STCA)

Colliers International strongly recommends this rare opportunity for your serious consideration.

*approx

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Property History for 49-51 Railway Rd, Blackburn, VIC 3130

A timeline of how this property has performed in the market
Last Sold
$3,641,000
30 Oct 2019
  • 30 Oct 2019
    Sold for $3,641,000
  • 15 Aug 2019
    Listed for Sale Please contact agent
  • 23 Feb 1988
    Sold for $575,000
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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 8,854 properties. Over the last 5 years, Houses in Blackburn have seen a 12.48% increase in median value, while Units have seen a 22.37% increase. As at 30 November 2025:

  • The median value for Houses in Blackburn is $1,638,482 while the median value for Units is $833,329.
  • Houses have a median rent of $650 while Units have a median rent of $555.
There are currently 19 properties listed for sale, and 9 properties listed for rent in Blackburn on OnTheHouse. According to Cotality's data, 397 properties were sold in the past 12 months in Blackburn.

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