Brighton – the jewel of Melbourne
Arguably one of Australia’s favourite places for vacations, Brighton not only has access to wonderful beaches, but is also one of the country’s most sought-after places to live.
The suburb also has its fair share of history, and boasts architecture from various eras, which ensures that any homeowner can look forward to a stately and unforgettable living experience. Read on to find out more about the heritage of Brighton and what it has to offer to the modern Australian:
The location that would become known as Brighton was established during the 1840s, and was first known as Waterville. By 1846, it was the third highest population in Port Phillip and this growth only continued through the years. In 1863, Brighton was incorporated into a borough, and it has never looked back since.
Today Brighton is one of the most affluent suburbs in Melbourne – and arguably Australia – and boasts large homes that were built during the Victorian, Edwardian and other periods. This means that few other suburbs in the country offer the same return on investment when it comes to property restorations, extensions or other renovations.
In fact, the median price for a house in the suburb the last couple of years ranged around the $2 million mark, and sees an average annual growth on investment of 7.13%.
The property value growth isn’t the only reason to consider Brighton. The suburb is known for its engaged and caring community, with many people choosing to stay for their entire lives. Brighton has also seen an influx of many professional families moving into the neighbourhood, who often choose the suburb as an excellent location to raise their children.
Brighton also boasts various tourist attractions like its beautiful beach, beach boxes and cycling routes, which means that it gives visitors and residents alike a vibrant and modern glance into Australian life.
The suburb also has well-established private and public schools, and has various shopping centres, cinemas, restaurants and boutiques, making it easy to see why Brighton has such an established reputation.
If you live in a heritage home in Brighton and want to find out how you can restore, extend or renovate your property while still keeping within your period home and local council requirements, don’t hesitate to contact us today.