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One big difference is public transport availability. As Blackburn station has both Belgrave line and Lilydale line running past it you will generally not wait more than 5 minutes for a train during peak hours, ie; just rock up and jump on the next train. This makes a huge difference, also...

Looking at the block and floorplan I don't even think it would be subdividable without knocking down the existing house (ie; just build a 2nd in the backyard). The house is right next to the driveway, usually need about 1 metre clearance to the edge of the driveway from memory. I think new 4...

http://www.realestateview.com.au/Real-Estate/larch-street-blackburn/Property-Details-sold-residential-7602500.html That's nearly $1400 per square metre... Am I missing something here?

Do we really believe Labor would scrap a multi-billion dollar project that would massively benefit the unions? I agree that it's almost definitely going ahead at this stage... unless the Greens get voted in

Driving from Ringwood to the CBD currently takes around 40 minutes in heavy traffic. The problem is that 50% of the time (~20 minutes) is taken up in the last 10% of distance (~3kms) along Hoddle Street to the CBD. I'm not sure how the EW link will change this but possibly reduce traffic along...

http://www.premier.vic.gov.au/media-centre/media-releases/10320-planning-minister-approves-the-east-west-link.html So which suburbs will be the Capital Growth winners from this massive infrastructure project in 10 years time? Suburbs like Ringwood or Frankston or those closer to the inner city?

A Y-Man said, a bit further out past Box Hill has some very nice suburbs. - Laburnum - Blackburn - Nunawading Check out this new build: http://www.realestate.com.au/project-the+atrium+apartments-vic-nunawading-600003735

That is not correct to what I have been seeing. I assume more Mount Pleasant Road units have been sold lately to bring the median down. This figure is supposedly for houses only. Units have dropped from $531,000 to $506,000

I'm really just having a hard time believing that the median could realistically jump so much in such a short time.. I've been to a few auctions and I knew it was hot but this is just ridiculous. For reference: Doncaster East has gone up from $790,000 to $850,000...

http://www.rs.realestate.com.au/cgi-bin/rsearch?a=sp&s=vic&u=blackburn $1,271,000 median house price?? Can such a large jump be correct? Some recently sold prices: Sold for $1,126,000 http://www.realestate.com.au/property-house-vic-blackburn-114974823 Sold for $1,182,000...

Sorry to burst your bubble: http://www.rs.realestate.com.au/cgi-bin/rsearch?a=sp&s=vic&u=blackburn 2006 was the last year the Blackburn median was below $600k. You may still be able to find very old houses on full blocks but the vast majority sell for land value of over $1,000/sqm these...

Definitely agree with that abbyfresh. Also I'd add that Blackburn has the extra benefit of having two train lines going past (Belgrave and Lilydale lines) with the added benefit of regular express trains to the City Loop. Also the median prices have been flat since 2010 combined with great...

+1 for Heathmont. Great local shopping strip, easy access to the train and great community feel. Should be able to get a 3 bedroom weatherboard within your budget.

Hi All, Reading articles like this: http://www.theaustralian.com.au/news/state-government-reveals-plans-to-widen-the-eastern-fwy-to-make-traffic-busting-superlink/story-e6frg6n6-1226672214816 Makes me think this will have sizeable knock-on effects for most suburbs surrounding the Eastern...

Did anyone else see the auction results for 4 Pope Road on Saturday? This house was a total POS knock down marketed at 550+. Sold for 760k!!

Hello All, Just wondering what people think about the capital growth potential for Blackburn over the next 5-10 years? I have been doing a little bit of research and found the following major projects at various stages of planning that could work out very well for Blackburn: - Grade...

There are certainly good deals to be had at the moment but the good properties with sought after location are selling fast. Eg, I saw this unit go for sale 2 days ago at a very good price, I would have investigated further if I was in the market...

Maybe he/she is just not in a hurry to sell in a buyers market? I agree it is unlikely to sell for the asking price but you only need one buyer. It will probably just disapper off the market within the next month I would guess.

I would be focusing on areas around middle-outer east such as Nunawading, Forest Hill, possibly Mitcham. You can still get 600-800sqm blocks of land with an old weatherboard for 550-600k which is well under the $1000/sqm mark that was being paid early last year. Once you head further in...

Relax nocredit. GetUp is just a bunch of jealous lefties who want what they dont have and are sick of renting. Whether it is morally correct or not, there are dozens of reasons why the bubble will not collapse. - No politician in her right mind would allow property prices to drop on her watch...