Blackburn South vs Edithvale

The median house price is $1.4M in Blackburn South and $1.3M in Edithvale, so Edithvale is the cheaper entry point, with Blackburn South houses about 1% dearer.

For units, Blackburn South sits at a median of $955K against $860K in Edithvale, which makes Edithvale the more affordable unit market and Blackburn South the pricier one.

Over the past year house prices moved -2.7% in Blackburn South and +4.0% in Edithvale (an estimate), so recent momentum favours Edithvale, while Blackburn South went backwards.

Rental vacancy is 1.6% in Blackburn South and 1.8% in Edithvale, so landlords in Blackburn South face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Blackburn South is the bigger suburb, with a population of 10,939 against 6,276, larger than Edithvale; a larger suburb usually means a deeper pool of buyers and tenants.

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