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AREA REPORTS

Brighton

Suburb Profile

Brighton - FREE SUBURB PROFILE REPORT
POSTAL CODE: TAS,7030

house
unit

Property investors have seen a 0.22% 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 $340,750

Profits averaged 6.87% 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 $375 based on current median home prices for the suburb.

The gross rental yield in BRIGHTON, 7030 is 5.72%.

An average of 7.33 real estate transactions take place per month in BRIGHTON which translates to 88 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $340,750 $265,050
GROWTH REPORT
Median Quarterly 0.22% 3.54%
Median 12 month 6.48% 11.55%
Median 3 years 20.62% 29.29%
Median 5 years 19.35% 21.86%
10 years average annual 2.17% 2.49%
Weekly media advert. rent $375 $300
Time on Market 43.8 days 31.2 days
Gross Rental Yield Percent 5.72% 5.89%
demographics (median values)
Total Population
3147
Weekly Household Income
990
Household Size
2.80
demographics
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