Brighton has had a A very good year for property investment returns compared to the rest of SA, giving investors a capital gain of 15.50% to date .
If we look at median property appreciation over just the last three months, Brighton has given property investors a paper return of 4.03%. This puts Suburb as 85 on a list of fastest fasting appreciating suburbs in SA
Our latest figures would indicate that property sellers in Brighton are currently offering property investors an average price cut of -7.65% below the asking price at the moment.
On average over the past year, suburb has had 4.75 sales per month, which equates to 57 per year.
A $420 per week rent on the median house gives suburb investors a gross yield of circa 2.92%, without taking into account capital value appreciation, which has been averaging out at 7.24%.
Brighton, 5048 ranked 14th in SA when comparing growth in median property values or capital gain over the last 12 months. Brighton is one of 853 in our list for SA
Brighton,5048 was ranked 96 in Australia by increase in median property value over the quarter.
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, 5048. Typically our figures indicate that -5.69% is being offered, which puts this SA suburb at 599th most discounted overall in Australia.
Often selling an investment property can take time, and in Brighton the average time real estate has been on the market is 54.86 days.
A $330 per week rent on the median house gives suburb investors a gross yield of circa 3.92%, without taking into account capital value appreciation, which has been averaging out at 3.75%.