Brighton has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 5.56% to date .
If we look at median property appreciation over just the last three months, Brighton has given property investors a paper return of 1.06%. This puts Suburb as 335 on a list of fastest fasting appreciating suburbs in QLD
LACK OF BUYER INTEREST may well be the reason that Brighton is offering property investors an average of -7.23. This rate of discount on properties puts Suburb at number 650th in terms of most discounted suburbs in QLD
Advertised rents are around the $385 mark per week – giving a return of 4.21% based on the median price in Suburb
At number 939th in the list of Australian suburbs ordered by increase in median house value over the last year, Brighton, 4017 is in the BOTTOM 50% with a property value increase of 2.41% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Brighton has stayed pretty constant when compared to the 5 year average annual rate.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Brighton, 4017. Typically our figures indicate that -4.16% is being offered, which puts this QLD suburb at 1030th most discounted overall in Australia.
Renters in Suburb are facing rents around $4800 per annum or $400 every week.
Brisbane suburb Brighton – the northernmost suburb of the city proper – is a largely suburban area. It’s 19km north of the CBD: while Brighton itself is only linked to the city proper by road, there's a rail station in Sandgate to assist commuters evade the morning rush hour.Full summary
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Brisbane suburb Brighton – the northernmost suburb of the city proper – is a largely suburban area. It’s 19km north of the CBD: while Brighton itself is only linked to the city proper by road, there's a rail station in Sandgate to assist commuters evade the morning rush hour.
It's adjacent to popular beach suburbs Sandgate and Shorncliffe. While Brighton itself is largely residential, and amenities are limited to a few corner stores along the main drag of Brighton Terrace, there are plentiful amenities just a few minutes’ walk away in Sandgate. There is a primary school to the north of the suburb, and with more schools located in Sandgate and on the border with inland neighbour Deagon.
It’s very much a family suburb, with well over half of residents married, and freestanding houses making up 90% of properties in Brighton. Indeed, it’s the promise of pleasant yet affordable coastal living, while still within reach of more ‘lifestyle’ suburbs.
Landlords are also likely to find the sums appealing: while properties are more affordable than Sandgate and Shorncliffe, rents are comparable to its more expensive neighbours and vacancy rates are low.
Like much of Brisbane, it's seen subdued capital growth in recent months; however, it's likely to see renewed growth as the Queensland economy recovers – especially thanks to the allure of affordable beachside living. Look for properties in streets beachside of Brighton Terrace and towards the south of the suburb, or overlooking the Deagon Wetlands: these tend to be most desirable.