Blackwood vs Weir Views
Property investment comparison - Blackwood, VIC 3458 vs Weir Views, VIC 3338
Head-to-head across core investment metrics: Blackwood wins 3, Weir Views wins 2. 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.
| Metric | Blackwood | Weir Views |
|---|---|---|
| Median house price | $615K | $620K |
| Median unit price | $700K | $540K |
| Gross rental yield (houses) | - | 4.00% |
| Gross rental yield (units) | 3.58% | 4.42% |
| 1-year house growth | +5.7%estimate | +4.7%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 2.7% | 4.5% |
| Population | 387 | 4,348 |
Blackwood vs Weir Views: what the numbers say
The median house price is $615K in Blackwood and $620K in Weir Views, so Blackwood is the cheaper entry point, with Weir Views houses about 1% dearer.
For units, Blackwood sits at a median of $700K against $540K in Weir Views, which makes Weir Views the more affordable unit market and Blackwood the pricier one.
Over the past year house prices moved +5.7% in Blackwood (an estimate) and +4.7% in Weir Views (an estimate), so recent momentum favours Blackwood, although both suburbs recorded growth.
Rental vacancy is 2.7% in Blackwood and 4.5% in Weir Views, so landlords in Blackwood face less competition for tenants.
Weir Views is the bigger suburb, with a population of 4,348 against 387, roughly 11 times the size of Blackwood; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Blackwood for a lower purchase price, Blackwood for recent price momentum, Blackwood for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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