Briar Hill, 3088 ranked 254th in VIC when comparing growth in median property values or capital gain over the last 12 months. Briar Hill is one of 2098 in our list for VIC
While Briar Hill,3088 ranked number 414th in VIC for increase in median house value (annualised) increase, it is ranked 285th over the last 5 years.
At number 391th of VIC’s most discounted properties, Briar Hill is in the TOP 40% of the state/territory when listing in order of most discounted to least.
A $455 per week rent on the median house gives suburb investors a gross yield of circa 2.87%, without taking into account capital value appreciation, which has been averaging out at 8.34%.
Briar Hill is in the bottom 30% in VIC when comparing median price capital growth over the last year. Briar Hill gave property investors a disappointing capital gain figure when compared to the rest of the state, with -0.78%.
When looking at the potential capital gains offered to property investors over the last 3 years, Briar Hill comes in at number 58th in VIC.
Using the current median advertised rental of $340 and the average annual increase in value of a median property of 11.17%, investors should hope to achieve an overall return of 2.78%