VIC has seen average median house prices change by 8.12% which means that Briar Hill, 3088 has done well for property investors by showing a capital gain of 9.32% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Briar Hill has increased when compared to the 5 year average annual rate.
Advertised rents are around the $410 mark per week – giving a return of 2.95% based on the median price in Suburb
Investment property in Briar Hill has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.16%
Briar Hill,3088 was ranked 1536 in Australia by increase in median property value over the quarter.
Property investors should expect to get $350 weekly from the median priced house in this suburb.