Property investors have seen a 1.61% gain in BRIGHTON based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains BRIGHTON, 7030 saw average growth in the long term.
the TAS suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $315,000
Profits averaged 2.56% per annum over a 3-year period, due to an upward trend in home prices in BRIGHTON, 7030.
This means, real estate investors could earn a rental income of $320 based on current median home prices for the suburb.
The gross rental yield in BRIGHTON, 7030 is 5.28%.
An average of 6.17 real estate transactions take place per month in BRIGHTON which translates to 74 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $315,000 | $220,000 |
| GROWTH REPORT | ||
| Median Quarterly | 1.61% | 1.85% |
| Median 12 month | 5.88% | 7.32% |
| Median 3 years | 7.69% | 4.76% |
| Median 5 years | 10.53% | 2.33% |
| 10 years average annual | 2.6% | 2.14% |
| Weekly media advert. rent | $320 | $275 |
| Time on Market | 49.1 days | 127.3 days |
| Gross Rental Yield Percent | 5.28% | 6.5% |
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