Brighton Council, TAS

Brighton is a coastal town located in the southern part of Tasmania. With a significant increase in the number of people moving to the city, there is a corresponding increase in demand for housing.

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With this increased demand for housing, there is a shortage of housing in the area, and, coupled with several second homeowners with multiple properties who haven’t considered downsizing, this means that the market is in a state of flux. It’s safe to say that the current property market is thriving. Real estate is a big industry in Brighton and there are many real estate agencies offering various services such as property management, leasing, sales, and auctions.

Whether you are moving into a council home, a home you’re buying for family, or you are planning on renting out, Brighton council TAS property is a good place to start.

The council is currently offering a range of tenancies across Brighton and Hove. The lettings team have specialist knowledge of many areas of the city and can advise on how to make the most of your money in the city.

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Capital Growth Heatmap

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy

2BR

3BR

4BR

5BR

Typical Price for houses in this council area. Percent changes indicate Year on Year growth or decline in house values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

2BR

3BR

4BR

5BR

Median Weekly Rent for houses in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

2BR

3BR

4BR

5BR

Yearly Gross Yield for houses in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for houses.

Buy

1BR

2BR

3BR

Typical Price for units in this council area. Percent changes indicate Year on Year growth or decline in unit values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

1BR

2BR

3BR

Median Weekly Rent for units in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

1BR

2BR

3BR

Yearly Gross Yield for units in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for units.

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This chart illustrates historical and projected quarterly typical price and number of sales, which are depicted as blue lines and green bars respectively. Council areas with average sales above 30/quarter and suburbs with sales above 7/quarter commonly produce high confidence forecasts.
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This chart shows historical and projected median rent and number of rentals, depicted as red lines and grey bars respectively. In many markets Rent prices lag the Typical Price by 1-2 years.
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This chart presents the gross rental yield, which is the value you generate from an investment property, represented as a percentage. The higher the percentage the better. Yield that is trending down frequently highlights a high demand market.
Upgrade to Personal Plan to see Yield data.
Yield chart
This graph represents the dwelling demand profile for the LGA/suburb, which tends to correlate with the tenant preference for property type and number of bedrooms. Target dwelling type and number of bedrooms with the highest number of sales.
Upgrade to Starter Plan to see Demand Profile data.
Demand chart
This graph shows online search interest for sale and rent listings. The black line(s) represents the search index, which is the ratio of LGA/suburb searches to the state average. Value of 5 signifies that Buy/Rent searches are at state average. Be wary of areas with SI below 3.
Upgrade to Professional Plan to see Buy & Rent Search Index data.
Index chart

How to use this Dashboard

This interactive dashboard illustrates the trends for key real estate metrics in the area. Use these metrics to determine potential return on investment from this property market and its’ sub-markets.

Upgrade to Personal Plan to unlock the trend forecast section on the Price, Rent & Yield graphs.

Get the Professional Subscription to see trends for advanced property market metrics that indicate real estate demand and supply in this LGA.

This chart plots the annual percent change in typical prices for all suburbs in this LGA. Suburbs that cross the red (zero) line more than 3 times present poor capital growth opportunities.
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart

Property Market in Brighton Council, TAS

What LGAs neighbour Brighton Council, TAS?

Brighton Council is surrounded by 3 other council areas – Southern Midlands, Clarence City, Derwent Valley.

How many people live in Brighton Council, TAS?

Brighton is a large urban area in Australia. It has a population of approximately 17 000 people with a population density of 106.1 persons per square km and covers the towns of Brighton and Hobart as well as some other suburbs.

What are the dominant demographic groups in Brighton Council, TAS?

Brighton Council area has a lower proportion of persons aged 60 or older and a higher proportion of children (under 18) than Tasmania.

What are current and planned infrastructure projects in Brighton Council, TAS?

Current infrastructure projects are aimed to improve the quality of life and to bring considerable development to assist the city’s needs in land use. You can find more about current infrastructure projects on the Tasmania Government website.

How is unemployment rate trading in Brighton Council, TAS?

The unemployment rate in the Brighton Council area was approximately 10.0% in the 2021 March quarter.

What is the main industry in Brighton Council, TAS?

Manufacturing, service stations and auto-related businesses are the main industries.

Suburbs/localities in this Local Government Area: Gagebrook 7030, Honeywood 7017, Old Beach 7017, Bridgewater 7030, Herdsmans Cove 7030

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