Property value increases in Brightwaters have tracked close to the NSW average of 6.38% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Brightwaters has increased when compared to the 5 year average annual rate.
Vendor discounting in Brightwaters is giving property investors an average Vendor Discount of around -4.38%. This puts suburb at number 839th in NSW when ranking the most discounted suburbs.
At number 2153 in a list of fastest selling suburbs, Brightwaters is just in the bottom half of suburbs in Australia with an average of days on market 88.62 for properties listed there.
Using the current median advertised rental of $390 and the average annual increase in value of a median property of 6.89%, investors should hope to achieve an overall return of 4.04%