Briarbrook Real Estate, NSW, 2365 Armidale Regional

Thinking about buying in Briarbrook? Now could not be a better time, with just 17 residential dwellings it's a highly sought after location.

Distance to the coast is 158 Km.

Briarbrook Real Estate Market Outlook

In Briarbrook there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Briarbrook is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Briarbrook leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Briarbrook the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

About

Properties For Sale

Local Schools


None within suburb boundary

(While the above schools are located with the suburb of Briarbrook there may also be nearby schools whose catchments cover this suburb)

Local Crime Rates


Average Local Climate by month


(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan3.117.730.837.686.63.125.0
Feb3.016.429.538.088.62.823.2
Mar3.115.628.636.688.32.718.4
Apr1.611.323.938.988.42.616.4
May1.37.119.542.291.82.312.8
Jun1.55.416.944.492.42.410.8
Jul1.63.415.939.692.52.412.2
Aug1.44.218.131.986.12.614.9
Sept1.87.420.436.988.32.818.3
Oct2.911.124.434.987.42.822.0
Nov2.813.927.832.281.63.026.0
Dec4.215.22744.691.42.824.6

source: Australian Government Bureau of Meteorology

Recently Sold Properties / House Prices

06-09-2021 $4,300,000 874 RAMAH RD BRIARBROOK 2365
04-08-2020 $850,000 165 ESSINGTON RD BRIARBROOK 2365
09-06-2020 $1,350,000 1071 BRIARBROOK RD BRIARBROOK 2365
30-07-2019 $240,000 60 ESSINGTON RD BRIARBROOK 2365
07-03-2018 $550,000 165 ESSINGTON RD BRIARBROOK 2365
12-09-2017 $510,000 540 RAMAH RD BRIARBROOK 2365
27-06-2017 $2,200,000 874 RAMAH RD BRIARBROOK 2365
02-02-2017 $1,025,000 1071 BRIARBROOK RD BRIARBROOK 2365
13-05-2016 $1,820,000 874 RAMAH RD BRIARBROOK 2365
10-04-2012 $480,000 540 RAMAH RD BRIARBROOK 2365
24-08-2011 $570,000 1061 BRIARBROOK RD BRIARBROOK 2365
23-10-2009 $430,000 318 BRIARBROOK RD BRIARBROOK 2365
25-09-2009 $540,000 165 ESSINGTON RD BRIARBROOK 2365
06-05-2008 $338,000 302 ESSINGTON RD BRIARBROOK 2365

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