OFF MARKET

208 Mountain View Road
Briar Hill VIC 3088

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 140m2
Land area: 3261m2
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Last updated 11 Nov 2024
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Property Details for 208 Mountain View Rd, Briar Hill

208 Mountain View Rd, Briar Hill is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 3261m2 and floor size of 140m2.

Building Type
House
Floor Size
140m2
Land Size
3261m2
Local Government
Banyule
Lot/Plan
2/LP80926

Last Listing description (April 2023)

This magnificent 3,269m2 approx. landholding moments to vibrant Greensborough's premier shopping precinct presents a rare and exciting opportunity to capitalize on a fast-evolving location with a state-of-the-art luxury townhouse development (STCA).

Well connected with excellent bus and trains services

Near central Greensborough shopping, restaurants and cafes
Surrounded by popular schools including Layola College
Excellent access to numerous parks and sporting facilities
Take inspiration from adjacent developments (STCA)
Neighbourhood Residential Zone Schedule 3 (NRZ-3)
Includes a custom four bedroom two bathroom 70's era home
Three living domains, vintage kitchen and alfresco dining
Distinctive home with raked ceilings and garden views
Flexible options to occupy, invest or redevelop, STCA

Based on the current strength in the market and taking comparable rentals into consideration, we believe a realistic rental value would be in the vicinity of
$520 - $560 p/w (approx.)
Please note this is an estimate conducted at the time of listing the property. Rental returns may fluctuate due to market conditions.

Property History for 208 Mountain View Rd, Briar Hill, VIC 3088

A timeline of how this property has performed in the market
  • 07 Nov 2022
    Listed for Sale $2,500,000 - $2,700,000

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About Briar Hill 3088

The size of Briar Hill is approximately 1.3 square kilometres. It has 5 parks covering nearly 1.5% of total area. The population of Briar Hill in 2011 was 3,091 people. By 2016 the population was 3,157 showing a population growth of 2.1% in the area during that time. The predominant age group in Briar Hill is 30-39 years. Households in Briar Hill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Briar Hill work in a professional occupation. In 2011, 78.6% of the homes in Briar Hill were owner-occupied compared with 79.5% in 2016.

Briar Hill has 1,656 properties. Over the last 5 years, Houses in Briar Hill have seen a 22.35% increase in median value, while Units have seen a 19.82% increase. As at 31 October 2024:

  • The median value for Houses in Briar Hill is $1,109,191 while the median value for Units is $773,062.
  • Houses have a median rent of $595 while Units have a median rent of $500.
There are currently 8 properties listed for sale, and no properties listed for rent in Briar hill on OnTheHouse. According to CoreLogic's data, 59 properties were sold in the past 12 months in Briar hill.

Suburb Insights for Briar Hill 3088

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.