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Blackburn vs Nug Nug

Property investment comparison - Blackburn, VIC 3130 vs Nug Nug, VIC 3737

Head-to-head across core investment metrics: Blackburn wins 3, Nug Nug wins 0. 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.

MetricBlackburnNug Nug
Median house price$1.6M$1.6M
Median unit price$765K-
Gross rental yield (houses)2.22%1.79%
Gross rental yield (units)--
1-year house growth+0.3%-
3-year house growth+3.7%-
Vacancy rate1.6%1.8%
Population14,47836

Blackburn vs Nug Nug: what the numbers say

The median house price is $1.6M in Blackburn and $1.6M in Nug Nug, so Blackburn is the cheaper entry point, with Nug Nug houses about 1% dearer.

On cash flow, Blackburn leads: houses there return a gross rental yield of 2.22%, compared with 1.79% in Nug Nug, a gap of 0.43 percentage points.

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

Blackburn is the bigger suburb, with a population of 14,478 against 36, roughly 402 times the size of Nug Nug; a larger suburb usually means a deeper pool of buyers and tenants.

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

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