Brighton is a compact suburb in Tasmania within the Brighton local government area (postcode 7030). With a population of 4,983, the suburb has a blend of families and working-age professionals with a median age of 34. Households earn a median income of $79K per year, with an average household size of 2.6 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% year-on-year at the LGA level. TAS employment has moved -0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. TAS also had 19 Commonwealth-backed major projects under construction, 0 underway, and 16 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, clerical & administrative, community & personal service. Employment in the area leans toward healthcare and construction. The top ancestries reported are Australian, English, Irish.
Median house prices in Brighton stand at $600,000, having dipped slightly by 2.5% over the last twelve months. Units have a median price of $475,000 (+1.6% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 4.8%. The median monthly mortgage repayment is $1,450.
Brighton is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 916, which is below the national average of 1,000. Public transport access includes 2 rail stations, 25 bus stops.
Looking at the investment signals, The gross rental yield works out to roughly 4.8%, which reads as moderate yield. Property prices are near the state median ($600K/$750K). The price-to-income ratio of 7.6x is considered moderate. House prices have moved -2.5% year-on-year. Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.