Property investors have seen a -0.24% drop in BRIGHTON based on a decrease 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 $313,250
Profits averaged 2.67% 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 $350 based on current median home prices for the suburb.
The gross rental yield in BRIGHTON, 7030 is 5.81%.
An average of 7.17 real estate transactions take place per month in BRIGHTON which translates to 86 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||4.24%||6.2%|
|Median 3 years||8.02%||12.52%|
|Median 5 years||9.91%||9.4%|
|10 years average annual||2.08%||2.44%|
|Weekly media advert. rent||$350||$280|
|Time on Market||48.6 days||112.5 days|
|Gross Rental Yield Percent||5.81%||6.16%|