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Investment Property Briar Hill, VIC, 3088

Suburb Snapshot

Briar Hill is a suburb in the Banyule Region of Victoria. Briar Hill has a population of 3,149 people and 16.63% of its occupants live in rental accommodation. The median listing price for houses is $975,000 and this has changed 8.33% over the past year and changed 9.55% over 2 years.

The median rent in Briar Hill for houses is $650 per week and the median rental yield is 3.46%. Stock on the market for houses/townhouses has changed 6.67% compared to last year and the average time to sell a house/townhouse is 70 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes 40 days to sell and the median rent for a unit in Briar Hill is $470 per week, producing a rental yield of NA.

Supply & Demand in Briar Hill, Banyule

0.48%

Current vacancy rate


7

Rental stock available


3,149

Population


16.63%

Rental population


0.82%

Current vacancy rate


465

Rental stock available


121,863

Population


22.40%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Briar Hill, Banyule

  House Townhouses Units
Median listing price $975,000 NA NA
Median price change - last quarter 3.62% NA NA
Median price change - 1 year 8.33% NA NA
Median price change - 2 years 9.55% NA NA
  House Townhouses Units
Median weekly rent $650 NA $470
Median yield % 3.46% NA NA
Median rent change - 1 year 9.24% NA 4.44%
  House Units
Previous month sales 3 1
Stock on market previous month 16 4
Stock variance vs. last year 6.67% 100.00%
Average days on market 70 40

Briar Hill investment property listings

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