Median unit price: $720,000
Three-year growth: 9.9%
Rental yield: 3.6%
Also known by the monikers Brighton and Brighton Beach, the suburb of Brighton-Le-Sands has lost its grip on its positive growth trend.
In the five years to June 2018, Brighton-Le-Sands recorded a 40.8% increase in unit prices; this figure shrunk to 9.9% in 2015. As of the June 2017-2018 period, the suburb saw negative growth of 0.7%, putting the median value of units at $720,000 – it is likely that the slowdown of neighbouring Sydney has begun affecting this beachside suburb.
Brighton-Le-Sands is bordered by Lady Robinsons Beach and Cook Park. Brighton Beach itself is famous for its off-white sand, with The Grand Parade running along the foreshore of Botany Bay. The suburb offers the best of both worlds, with both numerous options for residences and a thriving commercial centre. Bay Street serves as the centre of commercial activity.