Property investors who have had real estate in Briar Hill, 3088 should be ok 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 6.44%
A 27.73% growth in median value for property investors in Briar Hill,3088 puts this suburb at number 355th in terms of best performing suburbs in VIC
Briar Hill3088 is located in VIC which offers an average discount of -5.99% to property investors. Briar Hill itself is showing figures that indicate -1.64% is the average achievable by property buyers investing in the suburb.
If you compare the increase in value of investment property in Briar Hill, 3088 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 6.49%.
Briar Hill,3088 was ranked 220 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Briar Hill is offering property investors an average of -5.27. This rate of discount on properties puts Suburb at number 245th in terms of most discounted suburbs in VIC
In the last year 24 properties changed hands in Briar Hill, which puts it as the 271th most active market in VIC when comparing the number of sales per suburb.