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 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%|