With a capital gain of 11.82% for the last 12 months, Brighton, 4017 has performed for property investments than its average annual 4.47% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Brighton comes in at number 361th in QLD.
Vendor discounting in Brighton is giving property investors an average Vendor Discount of around -4.19%. This puts suburb at number 485th in QLD when ranking the most discounted suburbs.
At number 622 in a list of fastest selling suburbs, Brighton is in the TOP 20% of suburbs in Australia with an average of days on market 42.5066 for properties listed there.
Renters in Suburb are facing rents around $22360 per annum or $430 every week.
Property value increases in Brighton have tracked close to the QLD average of 6.15% 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.
In the last year 13 properties changed hands in Brighton, which puts it as the 349th most active market in QLD when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $19760 per annum or $380 every week.
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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.