With a capital gain of 3.88% for the last 12 months, Briar Hill, 3088 has performed for property investments than its average annual 7.67% property growth over the last 5 years.
Over the longer term, Briar Hill has seen property prices show investors a 28.46% return over the last 3 years. This is worse than over the last 12 months
At number 138th of VIC’s most discounted properties, Briar Hill is in the bottom 30% of the state/territory when listing in order of most discounted to least.
Briar Hill, 3088’s gross rental yield is 2.72%
At number 513th 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 7.17% recorded in median house prices.
The five-year average increase in median property values for Briar Hill,3088 has given property investors a potential capital gain of 62.52% across each of those five years.
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 -2.82% is being offered, which puts this VIC suburb at 1392th most discounted overall in Australia.
With the median price for a house in Briar Hill being $680550 and the advertised rent reaching $385 the gross rental yield for property investors calculates out to be 2.94%