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Brighton
AREA REPORTS

Brighton

Brighton - SUBURB PROFILE REPORT
POSTAL CODE: TAS, 7030

house
unit

Property investors have seen a 1.66% gain in BRIGHTON based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on BRIGHTON, 7030 can rest assured about this TAS suburb's performance. The suburb saw median home prices rise by 20.3%.

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 $460,000

Profits averaged 14.58% 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 $400 based on current median home prices for the suburb.

The gross rental yield in BRIGHTON, 7030 is 4.52%.

An average of 4.83 real estate transactions take place per month in BRIGHTON which translates to 58 per annum.

Data report can be found below

Brighton
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $460,000 $313,500
GROWTH REPORT
Median Quarterly 1.66% 1.13%
Median 12 month 20.3% 4.85%
Median 3 years 43.75% 29.55%
Median 5 years 52.07% 51.45%
10 years average annual 4.69% 3.58%
Weekly media advert. rent $400 $350
Time on Market 26.4 days 8.4 days
Gross Rental Yield Percent 4.52% 5.81%
demographics (median values)*
Total Population
17404
Weekly Household Income
1042
Household Size
2.60
Age
35
Monthly Loan Repayment
1269
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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