If you compare the increase in value of investment property in Brighton, 4017 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 18.73%.
If we look at median property appreciation over just the last three months, Brighton has given property investors a paper return of 6.18%. This puts Suburb as 261 on a list of fastest fasting appreciating suburbs in QLD
Property buyers and investors in Brighton 4017 should be seeing an average reduction in asking price of around -4.15% . This means that Brighton is holding prices well when compared to other suburbs in QLD.
Advertised rents are around the $440 mark per week – giving a return of 3.50% based on the median price in Suburb
Property value increases in Brighton have tracked close to the QLD average of 8.71% over the last 12 months.
If we look at median property appreciation over just the last three months, Brighton has given property investors a paper return of 3.33%. This puts Suburb as 134 on a list of fastest fasting appreciating suburbs in QLD
Brighton, 4017’s gross rental yield is 4.25%
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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.