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Investment Property Brighton East, VIC, 3187

Suburb Snapshot

Brighton East is a suburb in the Bayside Region of Victoria. Brighton East has a population of 15,992 people and 19.34% of its occupants live in rental accommodation. The median listing price for houses is $1,990,000 and this has changed 2.05% over the past year and changed -0.50% over 2 years.

The median rent in Brighton East for houses is $1,045 per week and the median rental yield is 2.73%. Stock on the market for houses/townhouses has changed 19.72% compared to last year and the average time to sell a house/townhouse is 50 days.The median listing price for units is $800,000 and this has changed -3.04% over the past year. The average unit takes 46 days to sell and the median rent for a unit in Brighton East is $585 per week, producing a rental yield of 3.80%.

Supply & Demand in Brighton East, Bayside

0.76%

Current vacancy rate


56

Rental stock available


15,992

Population


19.34%

Rental population


0.78%

Current vacancy rate


388

Rental stock available


97,092

Population


20.32%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Brighton East, Bayside

  House Townhouses Units
Median listing price $1,990,000 $1,500,000 $800,000
Median price change - last quarter 2.05% 1.18% 0.00%
Median price change - 1 year 2.05% 3.44% -3.04%
Median price change - 2 years -0.50% -5.67% -5.78%
  House Townhouses Units
Median weekly rent $1,045 $985 $585
Median yield % 2.73% 3.41% 3.80%
Median rent change - 1 year 12.97% 9.44% -1.69%
  House Units
Previous month sales 22 2
Stock on market previous month 85 6
Stock variance vs. last year 19.72% 20.00%
Average days on market 50 46

Brighton East investment property listings

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