At number 3000th in the list of Australian suburbs ordered by increase in median house value over the last year, Brighton, 4017 is in the BOTTOM 50% with a property value increase of 9.91% recorded in median house prices.
The five-year average increase in median property values for Brighton,4017 has given property investors a potential capital gain of 27.50% across each of those five years.
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, 4017. Typically our figures indicate that 0.00% is being offered, which puts this QLD suburb at 2335th most discounted overall in Australia.
Residents and property investors in Brighton have been waiting around 38.1875 days to sell a property.
Advertised rents are around the $465 mark per week – giving a return of 3.79% based on the median price in Suburb
With a capital gain of 11.48% for the last 12 months, Brighton, 4017 has performed for property investments than its average annual 2.32% property growth over the last 5 years.
Comparing Brighton,4017 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Brighton is $450000, with sellers offering an average of 0.00% off the asking price.
Residents and property investors in Brighton have been waiting around 53.7838 days to sell a property.
Using the current median advertised rental of $435 and the average annual increase in value of a median property of 2.32%, investors should hope to achieve an overall return of 5.03%
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Brisbane suburb Brighton – the northernmost suburb of the city proper – is a largely suburban area. It’s 19km north of the CBD: while Brighton itself is only linked to the city proper by road, there's a rail station in Sandgate to assist commuters evade the morning rush hour.
It's adjacent to popular beach suburbs Sandgate and Shorncliffe. While Brighton itself is largely residential, and amenities are limited to a few corner stores along the main drag of Brighton Terrace, there are plentiful amenities just a few minutes’ walk away in Sandgate. There is a primary school to the north of the suburb, and with more schools located in Sandgate and on the border with inland neighbour Deagon.
It’s very much a family suburb, with well over half of residents married, and freestanding houses making up 90% of properties in Brighton. Indeed, it’s the promise of pleasant yet affordable coastal living, while still within reach of more ‘lifestyle’ suburbs.
Landlords are also likely to find the sums appealing: while properties are more affordable than Sandgate and Shorncliffe, rents are comparable to its more expensive neighbours and vacancy rates are low.
Like much of Brisbane, it's seen subdued capital growth in recent months; however, it's likely to see renewed growth as the Queensland economy recovers – especially thanks to the allure of affordable beachside living. Look for properties in streets beachside of Brighton Terrace and towards the south of the suburb, or overlooking the Deagon Wetlands: these tend to be most desirable.