Briarbrook is a quiet locality in New South Wales within the Armidale Regional local government area (postcode 2365). With a population of 19, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $72K per year, with an average household size of 2.3 people. The top ancestries reported are Australian, English, Irish.
The median house price in Briarbrook is $2.9 million, having surged 281.6% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 0.8%.
The crime rate in the Armidale Regional LGA is moderate at 6,478 incidents per 100,000 population.
From an investment perspective, Briarbrook offers a gross rental yield of 0.8%, rated as low yield. Property prices are above the state median ($2.9M/$1.5M), placing it in the premium segment. The price-to-income ratio of 40.6x is considered stretched. House prices have moved +281.6% year-on-year.
Briarbrook is a quiet locality in New South Wales within the Armidale Regional local government area (postcode 2365). With a population of 19, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $72K per year, with an average household size of 2.3 people. The top ancestries reported are Australian, English, Irish.
The median house price in Briarbrook is $2.9 million, having surged 281.6% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 0.8%.
The crime rate in the Armidale Regional LGA is moderate at 6,478 incidents per 100,000 population.
From an investment perspective, Briarbrook offers a gross rental yield of 0.8%, rated as low yield. Property prices are above the state median ($2.9M/$1.5M), placing it in the premium segment. The price-to-income ratio of 40.6x is considered stretched. House prices have moved +281.6% year-on-year.