Suburb Profile Report for Brighton VIC (3186)

Brighton House: Median price $2,985,000, Annual capital growth 5.52%, Number of sales 192, Weekly median advertised rent $1,200

Brighton Unit: Median price $972,500, Annual capital growth 2.86%, Number of sales 132, Weekly median advertised rent $615

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

Source: Monthly data update for Apr 2021 as supplied by CoreLogic. Data is reported to the period ending Jan 2021. Please note that property sales data is routinely updated, so may change retrospectively.

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Property value increases in Brighton have tracked just higher than the VIC average of 9.37% over the last 12 months.

Comparing Brighton,3186 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

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, 3186. Typically our figures indicate that -5.96% is being offered, which puts this VIC suburb at 605th most discounted overall in Australia.

Situated 11.07km from the CBD, Brighton is one of Bayside (C) localities in the postcode 3186.

If you compare the increase in value of investment property in Brighton, 3186 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -4.23%.

When looking at the potential capital gains offered to property investors over the last 3 years, Brighton comes in at number 354th in VIC.

Brighton3186 is located in VIC which offers an average discount of -4.28% to property investors. Brighton itself is showing figures that indicate -5.28% is the average achievable by property buyers investing in the suburb.

In the last year 132 properties changed hands in Brighton, which puts it as the 42th most active market in VIC when comparing the number of sales per suburb.

Situated 10.91km from the CBD, Brighton is one of Bayside (C) localities in the postcode 3186.

Sam Paynter Information supplied by:

Sam Paynter

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O 0413 531 888

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With a capital gain of -6.94% for the last 12 months, Brighton, 3186 has performed for property investments than its average annual 7.60% property growth over the last 5 years.
While Brighton,3186 ranked number 530th in VIC for increase in median house value (annualised) increase, it is ranked 590th over the last 5 years.
Our latest figures would indicate that property sellers in Brighton are currently offering property investors an average price cut of -11.65% below the asking price at the moment.
On average over the past year, suburb has had 22.83 sales per month, which equates to 274 per year.
Using the current median advertised rental of $1000 and the average annual increase in value of a median property of 7.60%, investors should hope to achieve an overall return of 3.10%
Selling points:  Brighton is considered one of Melbourne’s premier suburbs, right on the Bay, beautiful homes, attractive streetscapes and good amenties.  With easy access to the city, the relaxed Bayside lifestyle is highly sought after.
Most sought after properties:  A wide range, from $10 million plus beachfront mansions, to 2 bedroom villa units and apartments.
Most common properties:   Homes in the $1.5-$2.5 million range, and unit and apartments from $600,000 plus.
Top amenities:  Fantastic array of restaurants and shops, well regarded schools
Local industry and business: Primarily retail shopping and restaurants
Recent changes: With an aging population, recently a large range of apartments and units have been built, with more under construction.
Best streets:  Streets on the ‘Golden Mile’ with direct access to the beach, and also a variety of wide leafy streets such as Normanby, Sussex, Cosham.  Also, streets that are close to the shopping strips of Church and Bay Streets are also popular.
Public transport:  Train, bus
Main arteries:  Nepean Highway, Beach Road
Metrics i HOUSE UNIT
$2,985,000 $972,500
4.19% -9.11%
13.93% -4.23%
5.52% 2.86%
$1,200 $615
192 132
2.09% 3.29%
73.7765957446809 83.0111111111111

Source: Monthly data update for Apr 2021 as supplied by CoreLogic. Data is reported to the period ending Jan 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in Brighton VIC
Total population 21257
Median household income ($/weekly) 2200
Median age of persons 44
Median housing loan repayment ($/monthly) 3000
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 2654 12.5
    35-44 years 2795 13.1
    45-54 years 3378 15.9
    55-64 years 2944 13.9
    65-74 years 2059 9.7
    Others 7426 34.9
    Age Group
    Census Count Percent(%)
    Registered Married 8437 55.0
    Not Married 5832 38.0
    Defacto Relationship 1080 7.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 14768 73.7
    Papua New Guinea 380 1.9
    United Kingdom 1463 7.3
    United States of America 279 1.4
    Other 920 4.6
    Others 2235 11.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 306 1.6
    Christianity 12630 65.8
    Hinduism 69 0.4
    Judaism 848 4.4
    No Religion 5228 27.2
    Others 115 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 587 8.8
    $2,000-$2,499 462 6.9
    $2,500-$2,999 1196 17.8
    $3,000-$3,499 607 9.1
    $4,000 or more 935 13.9
    Others 2917 43.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 6247 37.9
    Employed, worked full-time 5847 35.5
    Employed, worked part-time 3461 21.0
    Employed, away from work 550 3.3
    Unemployed, looking for work 376 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 2300 23.3
    Professionals 3590 36.4
    Community & personal service workers 673 6.8
    Clerical & administrative workers 1245 12.6
    Sales 958 9.7
    Others 1090 11.1
    Census Count Percent(%)
    Pre-school 393 7.6
    Infants/Primary 1799 34.7
    Secondary 1484 28.6
    Technical or Further Educational Institution 218 4.2
    University or other Tertiary Institutions 1152 22.2
    Others 140 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 13549 70.5
    Flat, unit or apartment 2932 15.2
    Semi-detached, row or terrace house, townhouse 2692 14.0
    House or flat attached to a shop, office 54 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 3543 47.0
    Being purchased 2110 28.0
    Rented 1810 24.0
    Other tenure type 82 1.1
    Tenure Type
Census 2011, ABS
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