Brighton Market Update 2 nd H a l f 2 0 2 6
FUTURE DEVELOPMENTS
OVERVIEW
In Q2 2026, Brighton* recorded a median house price of $605,000, and a median unit price of $572,000. This represents an annual (Q2 2025 – Q2 2026) slight price softening of -1.6% for houses, but a significant 20.4% rise for units. Between Q2 2025 – Q2 2026 house sales has declined, by -12.0% (to 66 for houses in Q2 2026), but grew by 25.0% for unit sales (to 15 sales in Q2 2026). A slightly more affordable house price is likely due to multiple cash rate hikes in 2026. The unit market have become more expensive, due to units having a slightly lower price than houses and many house buyers opting for units. There is a small number of new houses planned in 2026, but not enough to answer demand. Thus, buyers must act fast.
CHANGE FROM LAST
YEAR
Brighton£ will see approximately $155.0M of new projects due to commence construction between 2026 and 2027**.
Industrial Residential $4.6M $35.0M
HALF YEAR
Commercial
HOUSE SALE S
Mixed Use $16.9M
HOUSE ME DIAN PRICE
$7.7M Infrastructure $90.8M
HOUSE RE NTAL PRICE UNIT SALE S UNIT ME DIAN PRICE
A key infrastructure project for 2026 is 33 Elderslie Road Subdivision (107 land lots for residential purposes); which is an initiative from the Local Government to add more housing stock.
UNIT RE NTAL PRICE
Residential projects in 2026 that will boost supply in Brighton£ include:
$ MARKET CONDITIONS MEDIAN PRICE Q2 2026
$605K
$572K
MEDIAN PRICE Q2 2026
$575
SALES
AVERAGE DAYS ON MARKET Q2 2026
50
33
HOUSE
U N I T
RENTALS
$540
•
1 Hayfield Place, Gunn Street & Neilsen Esplanade Units (56 Units)
•
5-13, 15 & 17 Maxwell Drive (27 Units)
•
12 Jubilee Avenue Units (12 Units)
The incoming supply of ready-to-go residential stock will assist with current demand for units. That said, there is not enough new houses planned (66 sold in Q2 2026), suggesting a possible price growth in the short term.
AVERAGE DAYS ON MARKET Q2 2026
17
13
HOUSE
U N I T
122 Units/ Apartments
12 Dwellings
119 Lots