Property investors enjoyed capital gains of 9.96% over the last 12 months in BRIAR HILL, translating to lower returns compared with its peers in VIC.
Figures from the previous quarter show that capital gains for real estate buyers in BRIAR HILL are low, as opposed to average gains per annum over the past five years.
The suburb posted a 33.33% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $440 based on current median home prices for the suburb.
On average, rents on listings have reached the $440 mark, reflecting a 2.76% increase in returns based on the current median price in BRIAR HILL.
BRIAR HILL, 3088 ranks 417th in VIC in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 390th on the list of best yielding suburbs for rental properties in VIC, posting a 2.76% return.
Property investors have seen a 0.78% gain in BRIAR HILL based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains BRIAR HILL, 3088 saw average growth in the long term.
BRIAR HILL, 3088 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $650,000.
Profits due to an upward trend in home prices in BRIAR HILL, 3088 averaged 11.81% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $380 based on current median home prices for the suburb.
The gross rental yield in BRIAR HILL, 3088 is 3.04%.
An average of 1.58 real estate transactions take place per month in BRIAR HILL which translates to 19 per annum.
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