Suburb Profile Report for Brighton TAS (7030)

Brighton House: Median price $344,000, Annual capital growth 2.39%, Number of sales 90, Weekly median advertised rent $373

Brighton Unit: Median price $263,500, Annual capital growth 2.44%, Number of sales 39, Weekly median advertised rent $300

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
  • House Report
  • Unit Report

Brighton is in the bottom 40% in TAS when comparing median price capital growth over the last year. Brighton gave property investors a disappointing capital gain figure when compared to the rest of the state, with 7.50%.

When looking at the potential capital gains offered to property investors over the last 3 years, Brighton comes in at number 94th in TAS.

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, 7030. Typically our figures indicate that -2.52% is being offered, which puts this TAS suburb at 3829th most discounted overall in Australia.

A $372.5 per week rent on the median house gives suburb investors a gross yield of circa 5.63%, without taking into account capital value appreciation, which has been averaging out at 2.39%.

Brighton has had a pretty average year for property investment returns compared to the rest of TAS, giving investors a capital gain of 12.13% to date .

Across a shorter period, Brighton, 7030 has seen a median price increase of 5.40% over the last quarter.

Property investors looking for a bargain in Brighton should be aiming for at least -3.25% off the asking price, which is the average vendor discount being achieved at the moment.

In the last year 39 properties changed hands in Brighton, which puts it as the 16th most active market in TAS when comparing the number of sales per suburb.

Brighton, 7030’s gross rental yield is 5.92%

Metrics i HOUSE UNIT
$344,000 $263,500
1.18% 5.40%
7.50% 12.13%
2.39% 2.44%
$373 $300
90 39
5.63% 5.92%
76.08 48.25

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Very good (H), Very good (U)
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Demographics
Total population 3495
Median household income ($/weekly) 1073
Median age of persons 33
Median housing loan repayment ($/monthly) 1450
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 523 15.0
    25-34 years 527 15.1
    35-44 years 524 15.0
    45-54 years 416 11.9
    55-64 years 362 10.4
    Others 1144 32.7
    Age Group
    Census Count Percent(%)
    Registered Married 1193 47.5
    Not Married 918 36.5
    Defacto Relationship 402 16.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 3247 96.0
    Croatia 6 0.2
    Greece 14 0.4
    United Kingdom 56 1.7
    Other 9 0.3
    Others 50 1.5
    Country of Birth
    Census Count Percent(%)
    Christianity 2328 72.1
    No Religion 879 27.2
    Buddhism 14 0.4
    Other Religious Groups 4 0.1
    Islam 3 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 149 12.8
    $600-$799 150 12.9
    $800-$999 138 11.9
    $1,000-$1,249 137 11.8
    $1,500-$1,999 178 15.3
    Others 408 35.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1057 40.6
    Not in the labour force 828 31.8
    Employed, worked part-time 531 20.4
    Employed, away from work 112 4.3
    Unemployed, looking for work 75 2.9
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 322 18.9
    Community & personal service workers 205 12.1
    Clerical & administrative workers 296 17.4
    Sales 205 12.1
    Labourers 191 11.2
    Others 482 28.3
    Occupation
    Census Count Percent(%)
    Pre-school 42 5.5
    Infants/Primary 359 47.4
    Secondary 221 29.2
    Technical or Further Educational Institution 93 12.3
    University or other Tertiary Institutions 30 4.0
    Others 12 1.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2894 85.6
    Flat, unit or apartment 458 13.5
    Semi-detached, row or terrace house, townhouse 15 0.4
    Caravan, cabin, houseboat 15 0.4
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 670 52.9
    Fully owned 338 26.7
    Rented 253 20.0
    Other tenure type 6 0.5
    Tenure Type
Census 2011, ABS
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