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Brighton, TAS 7030

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Brighton, TAS 7030 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

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

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Brighton, TAS 7030”

  1. The total adult population (15 years or older) of Brighton 7030 TAS is 3,889, with a median age of 34. Of those, 40.65% are married, 12.73% are divorced or separated, 42.27% are single and 4.27% are widowed.

    The average household size is 2.6 people per dwelling, and the median household monthly income is estimated to be $7,192. The median monthly mortgage repayment for households in this suburb is $1,450 which is 20.16% of their earnings.

    Source: ABS Census Data (2021)

  2. Located within the serene ambiance of Tasmania, the suburb of Brighton 7030 boasts an estimated total of 2272 households. As of Q3 in 2023, the typical house prices in this area were approximately $610,371, making it a budding investment ground for many prospective owners. The median weekly rent here sits at about $501, producing an impressive indicative yield of around 4.27% – a figure surpassing the bare minimum of 3% attractive market requisite for cash-flow centric property investors.

    When we focus on the fundamental metrics, Brighton reveals an IRSAD score of 912 out of 1217 – showcasing that economic resources and income levels are fairly accessible, and suggesting a moderate frequency of skilled professions dwelling comfortably within the suburb. The renter to owner ratio here is approximately 22%, well below the cautionary cap of 30%. This hints at a balanced market where rental competition among property investors isn’t overwhelming and the chance of long-term returns is relatively high.

    Diving into the property market in Brighton, it is found that units account for only about 21% of the total properties, the rest being houses. This is beneficial as the proportion of units to houses below 50% often leads to a property market with less rental competition and longer tenancy periods. Furthermore, the Affordability Index for houses is understandably high at 33 years, given the attractive living conditions and competitive property market dynamics.

    Supply metrics further favour Brighton’s property market attractiveness. The stock on market Percentage for houses here is just 0.52%, sitting comfortably within the neutral zone. The inventory level for houses is at 2.12 months – just above the favoured low supply market indicator, suggesting a market just slightly slow to absorb new listings.

    Building approvals for houses in this region show a higher ratio of 3.97%; an indicator of the area being residentially active, however, it may also hint at a potential over-supply risk.

    Demand metrics also express an encouraging narrative. Houses in Brighton remained on the market for an average of 40 days, suggesting a balanced demand. The Vacancy Rate, inclusive of both houses and units, stands at a healthy low of 1.19% which indicates a favourable high-demand environment with fewer properties sitting empty. Lastly, the buy search index for houses stands at 3, representing a neutral level of demand in online property searches.

    In analysing the complex tapestry of property market data for Brighton 7030, we can conclude it showcases a favourable investment landscape with a clear potential for capital gains and positive cash flow. Keeping track of these data metrics will undoubtedly be of great value in making beneficial investment decisions within this Tasmanian suburb.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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