Brighton has had a quite poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -0.85% to date .
Brighton,5048 has offered an average of -0.85% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Brighton should be aiming for at least -6.30% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 53 properties changed hands in Brighton, which puts it as the 177th most active market in SA when comparing the number of sales per suburb.
Using the current median advertised rental of $410 and the average annual increase in value of a median property of 5.72%, investors should hope to achieve an overall return of 3.23%
At number 709th in the list of Australian suburbs ordered by increase in median house value over the last year, Brighton, 5048 is in the top half with a property value increase of 5.58% recorded in median house prices.
While Brighton,5048 ranked number 165th in SA for increase in median house value (annualised) increase, it is ranked 126th over the last 5 years.
The most recent median price for Brighton is $406500, with sellers offering an average of -5.49% off the asking price.
Situated 10.82km from the CBD, Brighton is one of Holdfast Bay localities in the postcode 5048.