Skip to main content

Aireys Inlet vs Blackburn North

Property investment comparison - Aireys Inlet, VIC 3231 vs Blackburn North, VIC 3130

Head-to-head across core investment metrics: Aireys Inlet wins 0, Blackburn North wins 4. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricAireys InletBlackburn North
Median house price$1.4M$1.4M
Median unit price$810K-
Gross rental yield (houses)-2.67%
Gross rental yield (units)3.57%-
1-year house growth-0.3%+5.7%
3-year house growth-16.3%+9.8%
Vacancy rate1.7%1.6%
Population9797,627

Aireys Inlet vs Blackburn North: what the numbers say

The median house price is $1.4M in Aireys Inlet and $1.4M in Blackburn North, so Blackburn North is the cheaper entry point, with Aireys Inlet houses about 1% dearer.

Over the past year house prices moved -0.3% in Aireys Inlet and +5.7% in Blackburn North, so recent momentum favours Blackburn North, while Aireys Inlet went backwards.

Looking back three years, Aireys Inlet houses are -16.3% and Blackburn North houses +9.8%, so Blackburn North has compounded faster than Aireys Inlet over the longer window.

Rental vacancy is 1.6% in Blackburn North and 1.7% in Aireys Inlet, so landlords in Blackburn North face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Blackburn North is the bigger suburb, with a population of 7,627 against 979, roughly 8 times the size of Aireys Inlet; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Blackburn North for a lower purchase price, Blackburn North for recent price momentum, Blackburn North for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

Keep exploring

Compare any 2-4 Australian suburbs

Build your own multi-suburb comparison with the full interactive tool.

Open interactive comparison