At number 93th in the list of Australian suburbs ordered by increase in median house value over the last year, Brightwaters, 2264 is in the top 10% with a property value increase of 31.84% recorded in median house prices.
While Brightwaters,2264 ranked number 1269th in NSW for increase in median house value (annualised) increase, it is ranked 959th over the last 5 years.
Vendor discounting in Brightwaters is giving property investors an average Vendor Discount of around -8.61%. This puts suburb at number 92th in NSW when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Brightwaters the average time real estate has been on the market is 74.05 days.
With the median price for a house in Brightwaters being $662500 and the advertised rent reaching $395 the gross rental yield for property investors calculates out to be 3.10%