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.
Recent sales and auction results in Briar Hill
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 25 Pine Av, Briar hill | 3 |  | House (Res) | Auction Sale | 20/07/2024 | Morrison Kleeman | View |
| 3/11 Springfield St, Briar hill |  | Unit | Auction Sale | 20/07/2024 | Barry Plant | View | |
| 3/154 Mountain View Rd, Briar hill | 2 |  | Unit | Private Sale | 3/07/2024 | Jellis Craig | View |
Sales data
Median sale price
$951k
Quarterly price change
-5.4%
Metro Melbourne Comparison
$912k
-1.5%
| Bedrooms | Briar Hill | Metro comparison |
|---|---|---|
| 2 | - | $902,500 |
| 3 | $988,500 | $810,000 |
| 4 | $1,222,250 | $955,000 |
| Insight | Briar Hill | Metro comparison |
|---|---|---|
| Clearance rate | 73.8% | |
| Days on market | 22 | 42 |
Rental data
Median weekly rent
$620
Rental yield
3.2%
Metro Melbourne Comparison
$560
3.2%
| Bedrooms | Briar Hill | Metro comparison |
|---|---|---|
| 2 | - | $550 |
| 3 | $610 | $540 |
| 4 | - | $580 |
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