Property value increases in Brighton have tracked just lower than the TAS average of 6.13% over the last 12 months.
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.
Sellers are offering property buyers an average discount of -5.39% to buyers in Brighton at the moment, which is less than average for the rest of TAS.
The TAS suburb of Brighton, 7030 is in the Brighton local government area.
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 4.35%.
Our latest figures would indicate that property sellers in Brighton are currently offering property investors an average price cut of -5.26% below the asking price at the moment.
Often selling an investment property can take time, and in Brighton the average time real estate has been on the market is 116.72 days.
Renters in Suburb are facing rents around $3300 per annum or $275 every week.