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Brighton

POSTAL CODE: VIC, 3186
HOUSE
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Based on its average 5-year and quarterly capital gains BRIGHTON, 3186 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that BRIGHTON, 3186 obtained a 4.63% growth over a ten-year period. It ranks 3281st on our list of suburbs that property investors should look into.

BRIGHTON, 3186 in VIC belongs to the local government area of Bayside (Vic.).

BRIGHTON, 3186 has a capital gain of -8.01% for the past year, which is lower than average compared to its 5.23% growth within a five-year period.

With the median home price in BRIGHTON sitting at $3,311,500, and the average rent at $1350, property owners could potentially earn a 2.12% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in BRIGHTON are low, as opposed to average gains per annum over the past five years.

Surburb overview

Brighton is an established bayside suburb in Melbourne’s south-east, located about 11 kilometres from the Melbourne central business district.

The suburb lies within the City of Bayside and stretches from Nepean Highway in the east to Port Phillip Bay in the west, with Elwood to the north and Hampton to the south.

Brighton is one of the larger suburbs in Melbourne’s inner south, combining residential areas, coastal frontage and defined retail precincts.

Census data indicates Brighton has a relatively high population compared with neighbouring suburbs, with a demographic profile that includes families, professionals and older residents.

The suburb has a higher median age than the Melbourne average and a significant proportion of long-term owner-occupiers.

Housing is predominantly detached dwellings, with pockets of medium-density townhouses and low-rise apartments closer to transport corridors and activity centres.

Public transport services are well established. Brighton is served by multiple railway stations on the Sandringham line, including Brighton Beach, Middle Brighton, and North Brighton, providing direct access to the city with travel times typically 20-25 minutes.

Tram services operate along nearby routes, and bus services connect Brighton to surrounding suburbs and major shopping areas.

Local amenities are concentrated along Church Street and Bay Street, where supermarkets, specialty retailers, cafés and professional services are located.

Medical centres, private hospitals and allied health services are available within the suburb and nearby areas.

Education options include several primary and secondary schools, both government and non-government, as well as early learning centres.

Recreational facilities are a key feature of Brighton’s environment. The foreshore includes swimming beaches, walking and cycling paths, and boating facilities.

Parks, sports grounds and golf courses support organised sport and outdoor activity throughout the year.

 

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