If you compare the increase in value of investment property in South Brighton, 5048 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this SA suburb was 8.49%.
When looking at the potential capital gains offered to property investors over the last 3 years, South Brighton comes in at number 23th in SA.
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.57% offered to property buyers. Sellers in South Brighton itself are offering an average vendor discount of -4.53% to real estate investors.
On average over the past year, suburb has had 4.17 sales per month, which equates to 50 per year.
The SA suburb of South Brighton, 5048 is in the Holdfast Bay local government area.
At number 668th in the list of Australian suburbs ordered by increase in median house value over the last year, South Brighton, 5048 is in the top 40% with a property value increase of 5.51% recorded in median house prices.
If we look at median property appreciation over just the last three months, South Brighton has given property investors a paper return of 1.95%. This puts Suburb as 70 on a list of fastest fasting appreciating suburbs in SA
Property investors looking for a bargain in South Brighton should be aiming for at least -3.61% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in South Brighton have been waiting around 85.14 days to sell a property.
Advertised rents are around the $290 mark per week – giving a return of 3.84% based on the median price in Suburb