Suburb Profile Report for Brighton TAS (7030)

Brighton House: Median price $379,250, Annual capital growth 3.27%, Number of sales 72, Weekly median advertised rent $430

Brighton Unit: Median price $299,000, Annual capital growth 3.56%, Number of sales 28, Weekly median advertised rent $350

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

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • 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 6.08%.

Taking the average capital gain, or increase in median house value, Brighton,7030 has racked up an average of 6.08% over the period. This ranks it number 665th in the whole country for real estate investors looking at median house price increases.

At number 96th of TAS’s most discounted properties, Brighton is in the TOP 10% of the state/territory when listing in order of most discounted to least.

Often selling an investment property can take time, and in Brighton the average time real estate has been on the market is 32.5333 days.

Property investors should expect to get $430 weekly from the median priced house in this suburb.

At number 400th in the list of Australian suburbs ordered by increase in median house value over the last year, Brighton, 7030 is in the top 30% with a property value increase of 6.98% recorded in median house prices.

Over the longer term, Brighton has seen property prices show investors a 35.91% return over the last 3 years. This is worse than over the last 12 months

A $350 per week rent on the median house gives suburb investors a gross yield of circa 6.09%, without taking into account capital value appreciation, which has been averaging out at 3.56%.

Metrics i HOUSE UNIT
$379,250 $299,000
0.20% 0.34%
6.08% 6.98%
3.27% 3.56%
$430 $350
72 28
5.90% 6.09%
32.5333333333333 43.3684210526316

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Very good (H), Good (U)
Find a mortgage broker in Brighton TAS
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
Chart Table