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 5.04% growth over a ten-year period. It ranks 1519th on our list of suburbs that property investors should look into.
BRIGHTON, 3186 in VIC belongs to the local government area of Bayside.
BRIGHTON, 3186 has a capital gain of -5.32% for the past year, which is lower than average compared to its 51.52% growth within a five-year period.
With the median home price in BRIGHTON sitting at $2,625,000, and the average rent at $975, property owners could potentially earn a 1.93% 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.
A steady increase in median property prices over a five-year period in BRIGHTON, 3186 translates to a 31.97% capital gain.
BRIGHTON, 3186 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $970,000.
Profits due to an upward trend in home prices in BRIGHTON, 3186 averaged 10.66% per annum over a 3-year period.
Home owners selling their properties and realtors in BRIGHTON usually have to wait an average of 63.0 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $550 mark, reflecting a 2.95% increase in returns based on the current median price in BRIGHTON.
BRIGHTON, 3186 places 341st in Australia based on median property value growth during the quarter.