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Investment Property Brighton, VIC, 3186

Suburb Snapshot

Brighton is a suburb in the Bayside Region of Victoria. Brighton has a population of 23,256 people and 21.03% of its occupants live in rental accommodation. The median listing price for houses is $3,324,000 and this has changed -2.24% over the past year and changed 7.22% over 2 years.

The median rent in Brighton for houses is $1,350 per week and the median rental yield is 2.11%. Stock on the market for houses/townhouses has changed -11.11% compared to last year and the average time to sell a house/townhouse is 84 days.The median listing price for units is $1,200,000 and this has changed -11.93% over the past year. The average unit takes 178 days to sell and the median rent for a unit in Brighton is $675 per week, producing a rental yield of 2.92%.

Supply & Demand in Brighton, Bayside

0.90%

Current vacancy rate


110

Rental stock available


23,256

Population


21.03%

Rental population


0.78%

Current vacancy rate


385

Rental stock available


97,092

Population


20.32%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Brighton, Bayside

  House Townhouses Units
Median listing price $3,324,000 $2,000,000 $1,200,000
Median price change - last quarter -5.03% 9.28% 3.06%
Median price change - 1 year -2.24% 11.11% -11.93%
Median price change - 2 years 7.22% 0.00% -23.45%
  House Townhouses Units
Median weekly rent $1,350 $1,050 $675
Median yield % 2.11% 2.73% 2.92%
Median rent change - 1 year 8.00% 14.13% 12.50%
  House Units
Previous month sales 16 13
Stock on market previous month 128 120
Stock variance vs. last year -11.11% -13.67%
Average days on market 84 178

Brighton investment property listings

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