Over the last year, property investments in South Brighton, 5048 have given investors a capital gain of 9.91%. This compares very favourably with the 3.24% for SA as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in South Brighton has increased when compared to the 5 year average annual rate.
South Brighton, 5048 is offering SA ‘s 345th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this SA.
In the last year 56 properties changed hands in South Brighton, which puts it as the 165th most active market in SA when comparing the number of sales per suburb.
A $395 per week rent on the median house gives suburb investors a gross yield of circa 3.53%, without taking into account capital value appreciation, which has been averaging out at 5.63%.
South Brighton has had a pretty average year for property investment returns compared to the rest of SA, giving investors a capital gain of 4.67% to date .
A 23.04% growth in median value for property investors in South Brighton,5048 puts this suburb at number 72th in terms of best performing suburbs in SA
Property buyers and investors in South Brighton 5048 should be seeing an average reduction in asking price of around -5.04% . This means that South Brighton is holding prices well when compared to other suburbs in SA.
Often selling an investment property can take time, and in South Brighton the average time real estate has been on the market is 89.04 days.
Situated 11.51km from the CBD, South Brighton is one of Holdfast Bay localities in the postcode 5048.