If you compare the increase in value of investment property in Brighton, 7030 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this TAS suburb was 6.96%.
While Brighton,7030 ranked number 92th in TAS for increase in median house value (annualised) increase, it is ranked 96th over the last 5 years.
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.05% offered to property buyers. Sellers in Brighton itself are offering an average vendor discount of -3.75% to real estate investors.
Situated 21.20km from the CBD, Brighton is one of Brighton localities in the postcode 7030.
Investment property in Brighton has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 12.08%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Brighton has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Brighton are currently offering property investors an average price cut of -4.52% below the asking price at the moment.
Property investors should expect to get $277.5 weekly from the median priced house in this suburb.