The post-budget guide to commercial property investing

Brightview

POSTAL CODE: QLD, 4311
HOUSE

Property investors enjoyed capital gains of 15.88% over the last 12 months in BRIGHTVIEW, translating to higher returns compared with its peers in QLD.

Figures from the previous quarter show that capital gains for real estate buyers in BRIGHTVIEW are low, as opposed to average gains per annum over the past five years.

The suburb posted a 76.08% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of N/A based on current median home prices for the suburb.

On average, rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in BRIGHTVIEW.

BRIGHTVIEW, 4311 ranks 443rd in QLD in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 955th on the list of best yielding suburbs for rental properties in QLD, posting a N/A return.

Surburb overview

Brightview is a rural locality in Queensland, approximately 72 kilometres west of Brisbane's central business district and about 38 kilometres west-northwest of Ipswich CBD. The suburb spans both the Somerset and Lockyer Valley regions, with the northern area primarily used for farming and the southern area having a more residential character.

According to the 2021 Census, Brightview had a population of 911 residents. The median age was 45 years, and households averaged 2.8 people. The median weekly household income was $1,535.

Public transportation in Brightview is limited. The majority of residents commute to work by private vehicle, with 69.4% driving. Only 2.9% used public transport on Census day.

Essential amenities in Brightview include the Apostolic Church of Queensland and its adjoining cemetery located at 22 Thorne Street. There are no schools within Brightview; however, nearby government primary schools include Tarampa State School, Prenzlau State School, Hatton Vale State School, and Lockrose State School. The nearest government secondary school is Lowood State High School.

Recreational activities in Brightview are primarily centred around its rural landscape. The area offers opportunities for outdoor activities, including walking and enjoying the natural surroundings. The Brightview Weir on Lockyer Creek is a notable feature in the locality.

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