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PRD Brighton Market Update 1st Half 2026

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Brighton Market Update 1st Half 2026

In Q4 2025,Brighton* recorded a median house price of $625,500,and a median unit price of $530,000.This is an annual (Q4 2024– Q4 2025) price growth of 4.3% for houses and by 2.4%for units. Sales decreased between Q4 2024– Q4 2025,by -2.9% (to 68 forhouses in Q4 2025)and by -40.0% forunits (to 12sales in Q4 2025). There is an undersupplied market for houses and units in Brighton*, and with lower interest rates this caused price growth. Thus, now is an ideal time for owners to capitalise on their investment. There are new houses and units planned for 2026, providing buyers with more choices. However, this will take time to build.

HOUSE SALES YEAR HALF YEAR CHANGE FROM LAST

HOUSE MEDIAN PRICE

HOUSE RENTAL PRICE

Brighton will see approximately$141.5M ofnewprojectscommence constructionin2026.

PRICE

RENTAL PRICE

MEDIAN PRICE Q4 2025

$626K $530K

MEDIAN PRICE Q4 2025

AVERAGE DAYS ON MARKET Q4 2025

53

AVERAGE DAYS ON MARKET Q4 2025

A key infrastructure project for 2026 is Lots 974& 975ScottRoad Dwellings & Residential Subdivision; an initiative from the Local Government to add more housing stock.

Residential projects in 2026 that will boost supply in Brighton* include:

• 1 Hayfield Place, Gunn Street & Neilsen Esplanade Units (56 Units)

• 5-13, 15& 17 Maxwell Drive (27Units)

• 12Jubilee Avenue Units (12 Units)

The incoming supply of ready-to-go residential stock will assist with current demand. That said, there is not enough new houses planned (68 houses sold in Q4 2025), which suggests further price growth in the short term.

AVERAGE VENDOR DISCOUNT*

Average vendor discount reflects the average percentage difference between the first list price and final sold price. A lower percentage difference (closer to 0.0%) suggests that buyers are willing to purchase close to the first asking price of a property.

In the past 12months to Q4 2025average vendor discount have swung from a discount toa premium, of 3.1% for units and 4.7%for houses. Overall, the market have shifted to favour sellers, with average vendor discount becoming a premium since the 2nd half of 2025. Buyers must offer higher than the first list price, in good news for owners

The suburb of Brighton has historically tracked at a slight premium compared to the Brighton Local Government Area (LGA) in median house prices. Conversely, units have tracked on par with the wider LGA. 2025# saw both houses and units in the suburb of Brighton becoming a premium compared to the LGA, due to its higher price growth.

The dominant proportion of homes sold in Brighton* in 2025# were in the premium price bracket of $750,000and above (24.3%), benefitting owners. However, 22.2%were sold in the most affordable price point of less than $449,999 (22.2%). Most units sold (30.0%) were in the more affordable price bracket of $450,000to $499,999and most affordable bracket of less than$449,999(27.1%). Overall, despite high price growth in the past 12 months to Q4 2025, there are still ample opportunities for first home buyers.

MARKET COMPARISON

$300,000 $350,000

The market comparison graph provides a comparative trend for the median price of houses and unit in the past 5 years. The main LGA profiled was chosen based on their proximity to the main suburb analysed, which is Brighton.

PRICE BREAKDOWN 2025

$450,000 to $499,999

$500,000 to $549,999

$550,000 to $599,999

$600,000 and above

RENTAL GROWTH 2025€

House rental yields in the Brighton¥ was 4.3%in December 2025, onpar with Brighton LGA (4.3%) but higher than Hobart Metro (3.5%). This was paired with a 13.0% increase in median house rental price in the past 12months to Q4 2025, at $520per week. The number of houses rented also increased, by 19.0% in the past 12months, to 94 rentals in Q4 2025. This suggests a highly demanded house rental market in Brighton¥, which is beneficial to investors.

4+ bedroom houses have provided investors with +9.8%rental growth annually, achieving a median rent of $650per week.

Brighton¥ recorded a vacancy rate of 0.4%in December 2025, slightly lower than the Brighton LGA’s 0.6%and Hobart Metro’s 0.5% average. Vacancy rates in Brighton¥ decreased in the past 12 months to December 2025,indicating a tighter rental market. Further, a 0.6% vacancy rate is below the Real Estate Institution of Australia’s healthy benchmark of3.0%, thus quicker occupancy of rental homes. This is a conducive environment forinvestors, even with a higher median house and unit sales price (thus, entry price) in the past 12months to Q4 2025.

RENTAL VACANCY RATES 2025

RENTAL

PROJECT DEVELOPMENT MAP 2026

BRIGHTON

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• Rental and investment return analysis

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REFERENCES

* Brighton sales market data and key indicators encapsulates aggregate property market conditions within Brighton Local Government Area (LGA)

** Estimated values are based on construction value provided by the relevant data authority and does not reflect commercial and/or re-sale value.

# 2025 encapsulates sales transactions for the 2025 full year (01/01/2025-31/12/2025).

€ Annual rental growth is a comparison between Q4 2024 (01/10/2024 – 31/12/2024) and Q4 2025 (01/10/2025 – 31/12/2025) house median rent figures.

¥ Brighton rental market data encapsulates aggregate property conditions within the postcode of 7030.

§ Rental yields shown are as reported as of December 2025.

₳ Project development map showcases a sample of upcoming projects only, due to accuracy of addresses provided by the data provider for geocoding purposes.

£ Projects refers to the top developments within the suburb of Brighton Local Government Area (LGA)

µ Estimated value is the value of construction costs provided by relevant data authority, it does not reflect the project’s sale/commercial value.

ψ Commencement date quoted for each project is an approximate only, as provided by the relevant data authority, PRD does not hold any liability to the exact date.

Source: APM Pricefinder, Cordell Connect database, SQM Research, Esri ArcGIS.

Disclaimer: PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material.

Prepared by PRD Research. © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed. © Copyright PRD 2025.

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