Property investors who have had real estate in Brighton, 5048 should be relatively unhappy with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 1.83%
If we look at median property appreciation over just the last three months, Brighton has given property investors a paper return of 5.20%. This puts Suburb as 69 on a list of fastest fasting appreciating suburbs in SA
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.51% offered to property buyers. Sellers in Brighton itself are offering an average vendor discount of -6.84% to real estate investors.
On average over the past year, suburb has had 5.42 sales per month, which equates to 65 per year.
Using the current median advertised rental of $420 and the average annual increase in value of a median property of 6.35%, investors should hope to achieve an overall return of 3.20%
Brighton is in the bottom 30% in SA when comparing median price capital growth over the last year. Brighton gave property investors a disappointing capital gain figure when compared to the rest of the state, with -1.69%.
When looking at the potential capital gains offered to property investors over the last 3 years, Brighton comes in at number 145th in SA.
Brighton5048 is located in SA which offers an average discount of -6.06% to property investors. Brighton itself is showing figures that indicate -5.13% is the average achievable by property buyers investing in the suburb.
Renters in Suburb are facing rents around $3840 per annum or $320 every week.