With a capital gain of 8.90% for the last 12 months, Brighton, 7030 has performed for property investments than its average annual 2.54% property growth over the last 5 years.
Brighton,7030 has offered an average of 8.90% 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 -5.57% off the asking price, which is the average vendor discount being achieved at the moment.
Property investors should expect to get $320 weekly from the median priced house in this suburb.
Property investors who have had real estate in Brighton, 7030 should be relatively pleased with this TAS suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.37%
Across a shorter period, Brighton, 7030 has seen a median price increase of 1.89% over the last quarter.
The most recent median price for Brighton is $216000, with sellers offering an average of -5.14% off the asking price.
At number 1273 in a list of fastest selling suburbs, Brighton is in the bottom 20% of suburbs in Australia with an average of days on market 113.11 for properties listed there.
Using the current median advertised rental of $275 and the average annual increase in value of a median property of 2.18%, investors should hope to achieve an overall return of 6.62%