Property investors who have had real estate in Brighton, 4017 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 8.24%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Brighton has increased when compared to the 5 year average annual rate.
Property buyers and investors in Brighton 4017 should be seeing an average reduction in asking price of around -6.01% . This means that Brighton is holding prices well when compared to other suburbs in QLD.
Advertised rents are around the $395 mark per week – giving a return of 3.93% based on the median price in Suburb
QLD has seen average median house prices change by 0.29% which means that Brighton, 4017 has done well for property investors by showing a capital gain of 2.94% over the last year
Taking the average capital gain, or increase in median house value, Brighton,4017 has racked up an average of 2.94% over the period. This ranks it number 1217th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Brighton is giving property investors an average Vendor Discount of around -3.12%. This puts suburb at number 297th in QLD when ranking the most discounted suburbs.
The QLD suburb of Brighton, 4017 is in the Brisbane local government area.
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.