Brighton Property Market Update 1st Half 2026
Brighton is a beautiful suburb located just north of Hobart and offers a unique blend of rural tranquillity and modern convenience. Known for its picturesque landscape and f community atmosphere, Brighton is an ideal location for professionals and families.
Property Trends
In Q4 2025, Brighton recorded a median house price of $625,500, and a median unit price of $530,000. This represents an annual (Q4 2024 – Q4 2025) median price growth of 4.3% for houses and by 2.4% for units. Total sales decreased between Q4 2024 – Q4 2025, by -2.9% (to 68 for houses in Q4 2025) and by -40.0% for units (to 12 sales in Q4 2025). There is an undersupplied market for houses and units in Brighton, and with lower interest rates this has stimulated 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.
Property Development
Brighton will see approx. $141.5M of new projects commencing in 2026. This will include 118 units/apartments, 12 dwellings and 12 lots. Whilst this will help with answering some of the current demand, compared to Q4 2025 sales of 68 houses, there is not enough new houses. Thus, there is still an undersupply of ready-to-sell houses in Brighton. This will stimulate further price increases, for all property types.
Rental Market & Growth
House rental yields in the Brighton were 4.3% in December 2025, on par 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 12 months to Q4 2025, at $520 per week. The number of houses rented also increased, by 19.0% in the past 12 months, to 94 rentals in Q4 2025. This suggests a highly demanded house rental market in Brighton, which is beneficial to investors looking for a slightly more affordable option to Hobart Metro.
Vacancy Rates & Property Investment
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 have decreased in the past 12 months to December 2025, indicating a tighter rental market. Furthermore, a 0.6% vacancy rate is significantly below the Real Estate Institution of Australia’s healthy benchmark of 3.0%, which suggests quicker occupancy of rental homes in Brighton. This is a conducive environment for investors, even with a higher median house and unit sales price (thus, entry price) in the past 12 months to Q4 2025.
