Investment property in Briar Hill has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.57%
When looking at the potential capital gains offered to property investors over the last 3 years, Briar Hill comes in at number 303th in VIC.
LACK OF BUYER INTEREST may well be the reason that Briar Hill is offering property investors an average of -5.91. This rate of discount on properties puts Suburb at number 629th in terms of most discounted suburbs in VIC
At number 1075 in a list of fastest selling suburbs, Briar Hill is in the TOP 30% of suburbs in Australia with an average of days on market 63.21 for properties listed there.
Renters in Suburb are facing rents around $4920 per annum or $410 every week.
Property investors who have had real estate in Briar Hill, 3088 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.51%
The five-year average increase in median property values for Briar Hill,3088 has given property investors a potential capital gain of 21.51% across each of those five years.
The VIC suburb of Briar Hill, 3088 is in the Banyule local government area.