Market snapshot
Suburb insights for Briar Hill3088
Change suburbBriar Hill is located 18 km north-east of the CBD. Briar Hill is a small suburb located in the north-east of Melbourne near Greensborough. It is primarily residential in nature and is traversed by the Hurstbridge Railway Line. Like a number of suburbs in this part of Melbourne the population has decreased and aged significantly over the 1981-1996 period. Briar Hill also features the E.J. Andrew and Poulter Rserves.
Sales data
Median sale price
$966k
Quarterly price change
1.6%
Metro Melbourne Comparison
$916k
0.1%
| Bedrooms | Briar Hill | Metro comparison |
|---|---|---|
| 2 | - | $902,000 |
| 3 | $958,500 | $807,500 |
| 4 | - | $950,000 |
| Insight | Briar Hill | Metro comparison |
|---|---|---|
| Clearance rate | 73.3% | |
| Days on market | 26 | 42 |
Rental data
Median weekly rent
$623
Rental yield
3.2%
Metro Melbourne Comparison
$575
3.3%
| Bedrooms | Briar Hill | Metro comparison |
|---|---|---|
| 2 | - | $560 |
| 3 | $610 | $550 |
| 4 | - | $595 |
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