At number 1109th in the list of Australian suburbs ordered by increase in median house value over the last year, Briar Hill, 3088 is in the top 30% with a property value increase of 11.15% recorded in median house prices.
Briar Hill,3088 has offered an average of 11.15% return per annum in house price rises to property investors over the last three years.
Briar Hill, 3088 is offering VIC ‘s 622th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this VIC.
At number 1842 in a list of fastest selling suburbs, Briar Hill is just in the top half of suburbs in Australia with an average of days on market 78.68 for properties listed there.
A $415 per week rent on the median house gives suburb investors a gross yield of circa 2.79%, without taking into account capital value appreciation, which has been averaging out at 7.88%.
At number 718th in the list of Australian suburbs ordered by increase in median house value over the last year, Briar Hill, 3088 is in the top half with a property value increase of 4.35% recorded in median house prices.
Comparing Briar Hill,3088 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Advertised rents are around the $350 mark per week – giving a return of 3.03% based on the median price in Suburb