Brighton East is a well-established suburb in Victoria within the Bayside (Vic.) local government area (postcode 3187). With a population of 16,757, the suburb has a mature demographic with a median age of 45. Households earn a median income of $132K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Brighton East is $2.2 million, having dropped significantly 9.3% over the past year. Units have a median price of $1.2 million (-0.4% YoY). The current median weekly rent is $800. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $3,300.
Brighton East is served by 4 schools, including 2 primary, 1 secondary, 1 combined. The average ICSEA score is 1148, which is well above the national average of 1,000. Public transport access includes 61 bus stops. The crime rate in the Bayside (Vic.) LGA is moderate at 5,194 incidents per 100,000 population.
From an investment perspective, Brighton East offers a gross rental yield of 1.9%, rated as low yield. Property prices are above the state median ($2.2M/$875K), placing it in the premium segment. The price-to-income ratio of 16.6x is considered stretched. House prices have moved -9.3% year-on-year.
Brighton East is a well-established suburb in Victoria within the Bayside (Vic.) local government area (postcode 3187). With a population of 16,757, the suburb has a mature demographic with a median age of 45. Households earn a median income of $132K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Brighton East is $2.2 million, having dropped significantly 9.3% over the past year. Units have a median price of $1.2 million (-0.4% YoY). The current median weekly rent is $800. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $3,300.
Brighton East is served by 4 schools, including 2 primary, 1 secondary, 1 combined. The average ICSEA score is 1148, which is well above the national average of 1,000. Public transport access includes 61 bus stops. The crime rate in the Bayside (Vic.) LGA is moderate at 5,194 incidents per 100,000 population.
From an investment perspective, Brighton East offers a gross rental yield of 1.9%, rated as low yield. Property prices are above the state median ($2.2M/$875K), placing it in the premium segment. The price-to-income ratio of 16.6x is considered stretched. House prices have moved -9.3% year-on-year.