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%