Brighton has had a pretty average year for property investment returns compared to the rest of TAS, giving investors a capital gain of 4.32% to date .
Taking the average capital gain, or increase in median house value, Brighton,7030 has racked up an average of 4.32% over the period. This ranks it number 2976th in the whole country for real estate investors looking at median house price increases.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Brighton, 7030. Typically our figures indicate that -5.16% is being offered, which puts this TAS suburb at 2269th most discounted overall in Australia.
Advertised rents are around the $320 mark per week – giving a return of 5.30% based on the median price in Suburb
Property investors who have had real estate in Brighton, 7030 should be ok 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 4.85%
Property investors looking for a bargain in Brighton should be aiming for at least -4.07% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $275 and the average annual increase in value of a median property of 2.00%, investors should hope to achieve an overall return of 6.62%