Property value increases in South Brighton have tracked just higher than the SA average of 3.97% over the last 12 months.
A 29.36% growth in median value for property investors in South Brighton,5048 puts this suburb at number 129th in terms of best performing suburbs in SA
At number 22th of SA’s most discounted properties, South Brighton is in the bottom 10% of the state/territory when listing in order of most discounted to least.
A $420 per week rent on the median house gives suburb investors a gross yield of circa 3.59%, without taking into account capital value appreciation, which has been averaging out at 4.48%.
If you compare the increase in value of investment property in South Brighton, 5048 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was -8.68%.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.00% offered to property buyers. Sellers in South Brighton itself are offering an average vendor discount of -3.76% to real estate investors.
In the last year 16 properties changed hands in South Brighton, which puts it as the 146th most active market in SA when comparing the number of sales per suburb.
Advertised rents are around the $300 mark per week – giving a return of 4.39% based on the median price in Suburb