Brighton Market Update 2 nd H a l f 2 0 2 5
FUTURE DEVELOPMENTS
OVERVIEW
In Q2 2025, Brighton* recorded a median house price of $595,500, and a median unit price of $470,000. This represents an annual (Q4 2023 – Q4 2024) price growth of 6.3% for houses and a slight softening of -1.1% for units. Comparing Q2 2024 – Q2 2025, sales declined by -2.8% for houses (to 70 sales in Q2 2025) and significantly to only 6-unit sales in Q2 2025. This suggests an undersupplied house market which created a buffer against higher interest rates – hence price growth. Units have become slightly affordable, thus an ideal time for buyers to enter the unit market. That said, with only very few new houses planned, buyers must act fast.
CHANGE FROM LAST
YEAR
Brighton is set to see approximately $49.7M of new projects commencing construction in 2025. Commercial $4.6M
HALF YEAR
Residential $22.3M
HOUSE SALE S HOUSE ME DIAN PRICE
Projects $7.3M
UNIT SALE S
The two key infrastructure projects in the pipeline are 33 Elderslie Rd Subdivision and Lots 974 & 975 Scotts Rd Dwellings; two initiatives from the State and Local Governments to add more housing stock.
UNIT ME DIAN PRICE UNIT RE NTAL PRICE
Residential projects in 2025 that will further boost supply include:
$ MARKET CONDITIONS
$595K
MEDIAN PRICE Q2 2025
$470
SALES
$470K
AVERAGE DAYS ON MARKET Q2 2025
66
25
HOUSE
U N I T
RENTALS
$460
$13.9M Mixed-Use
HOUSE RE NTAL PRICE
MEDIAN PRICE Q2 2025
Infrastructure
•
24B & 38 Jetty Road Units (51 Units)
•
48A William Street Units (27 Units)
•
16 Hannah Court Units (5 Units)
•
1 Radius & Stanfield Drives Dwellings (26 Dwellings)
Although new stock is planned, most are units. There are some new stand-alone houses in the pipeline, however based on the number of sales in Q2 2025, this will not be enough. As a result the housing undersupply will continue, pushing up prices for all stock types (not just houses).
AVERAGE DAYS ON MARKET Q2 2025
20
19
HOUSE
U N I T
74 Units/ Apartments
26 Dwellings
8 Lots