Briar Hill, VIC
Find the latest property data and property news available for the suburb of Briar Hill, plus mapping tools and demographic information. If you are thinking of selling, buying, or investing in property in Briar Hill, then our suburb snapshot is crucial reading. Property price and rental data for the suburb of Briar Hill is provided by RP Data.
News
There will be around 650 jobs lost at the Broadmeadows Ford production plant and 510 at the Geelong production plant.
Respondents to the survey also have modest interest rate cut expectations over the next 12 months with just 10 basis points expected to be shaved from commercial lending rates.
Suburb Snapshot
Houses
| Median sale price | $540,750 |
| Change in median price in last year | -1.7% |
| Change in median price in past five years | 34.9% |
| Average discount | -4.5% |
| Average time on market | 67.2 |
| Average hold period | 14.0 |
| Median price for houses $350k to $750k | $533,900 |
| Median asking rent | $355 |
| Indicative gross rental yield | 3.4% |
Units
| Median asking rent | $320 |
| Indicative gross rental yield | 0.0% |
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