Property investors who have had real estate in Brighton, 7030 should be relatively unhappy 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 2.48%
Across a shorter period, Brighton, 7030 has seen a median price increase of 2.31% over the last quarter.
Brighton7030 is located in TAS which offers an average discount of -6.89% to property investors. Brighton itself is showing figures that indicate -5.03% is the average achievable by property buyers investing in the suburb.
Residents and property investors in Brighton have been waiting around 52.25 days to sell a property.
With the median price for a house in Brighton being $310000 and the advertised rent reaching $320 the gross rental yield for property investors calculates out to be 5.37%
Brighton, 7030 ranked 31th in TAS when comparing growth in median property values or capital gain over the last 12 months. Brighton is one of 606 in our list for TAS
Over the longer term, Brighton has seen property prices show investors a 0.95% return over the last 3 years. This is an improvement over the last 12 months
Property buyers and investors in Brighton 7030 should be seeing an average reduction in asking price of around -5.11% . This means that Brighton is holding prices well when compared to other suburbs in TAS.
Often selling an investment property can take time, and in Brighton the average time real estate has been on the market is 113.13 days.