Briar Hill, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Briar Hill
VICCensus 2021 · Population 3,224
Briar Hill is a suburb with a population of 3,224, characterized by a median age of 42, which is slightly higher than the Victorian average of 38. The suburb has a balanced gender distribution with 47.5% males and 52.5% females. Families are prevalent, with 44.9% of households being couples with children and 34.7% being couples without children. The area is predominantly composed of separate houses, accounting for 85.6% of the housing stock, which is higher than the Victorian average of 73.4%. The median household income is $1,935 per week, which is above the state average of $1,759.
Key Highlights
- Above average education levels - 32.8% hold a bachelor's degree or higher (vs VIC 29.2%)
- Low unemployment rate of 3.4% (vs VIC 5.0%)
- High percentage of separate houses - 85.6% (vs VIC 73.4%)
- Significant work from home trend - 32.4% (vs VIC 25.7%)
- High median household income of $1,935 per week (vs VIC $1,759)
Things to Consider
- Median age is higher than the state average, which may affect the vibrancy of the suburb
- Low public transport usage at 2.9% could indicate limited access
- Higher property ownership costs with a median monthly mortgage of $2,167
- Limited cultural diversity with 80.7% born in Australia
- Relatively low rental market presence at 20.1%
What's it like living here?
Residents of Briar Hill enjoy a suburban lifestyle with a significant portion working from home (32.4%), which is higher than the Victorian average of 25.7%. The suburb has a strong sense of community, with a high percentage of family households (72.7%). Commuting is primarily done by car, with 47.2% of residents driving to work, while public transport usage is relatively low at 2.9%.