Briar Hill is an average performer in VIC when comparing median price capital growth over the last year. Briar Hill gave property investors a average capital gain figure when compared to the rest of the state, with 8.28%.
Taking the average capital gain, or increase in median house value, Briar Hill,3088 has racked up an average of 8.28% over the period. This ranks it number 1042th in the whole country for real estate investors looking at median house price increases.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Briar Hill, 3088. Typically our figures indicate that -3.60% is being offered, which puts this VIC suburb at 3326th most discounted overall in Australia.
Using the current median advertised rental of $437.5 and the average annual increase in value of a median property of 7.60%, investors should hope to achieve an overall return of 2.72%
Briar Hill has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 11.11% to date .
Comparing Briar Hill,3088 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Situated 18.19km from the CBD, Briar Hill is one of Banyule localities in the postcode 3088.