Brighton

Brighton, VIC 3186, a suburb with a population of 23,252 residents, boasts a mix of age groups with a significant presence of professionals, managers, and mature age groups. The suburb offers various commuting options including train services and a high WFH percentage. The area features high educational advantage for students attending Government schools. Residents enjoy a median income well above the national average, with spacious homes and a laid-back lifestyle. Brighton presents opportunities for both House and Unit investors. With a large number of properties, low social housing ratio, and solid median income, it is an attractive prospect for investors. The suburb's IQR ratio for House prices suggests potential for renovators, while Units offer higher rental yields. Additionally, the high room demand-supply ratio indicates a good market for renting out rooms. Brighton, VIC 3186, is a desirable suburb for families and professionals seeking a prosperous neighbourhood with good educational facilities and transportation options. Investors can find potential in both Houses and Units, with opportunities for renovation in the House market and attractive rental yields in the Unit market. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022