Property Market Update: Perth, August 2021
What is traditionally a quieter time for the property market turned out to be a scorching season for Perth, as the city ...
Property investors enjoyed capital gains of 9.57% over the last 12 months in BRIDGEWATER, translating to lower returns compared with its peers in SA.
A survey of average capital gains or median home price increase in suburbs across the country shows that the SA suburb obtained a 3.28% growth over a ten-year period. It ranks 2760th on our list of suburbs that property investors should look into.
BRIDGEWATER, 5155 has a capital gain of 9.57% for the past year, which is higher than average compared to its 21.94% growth within a five-year period.
With the median home price in BRIDGEWATER sitting at $567,000, and the average rent at $482.5, property owners could potentially earn a 4.43% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in BRIDGEWATER are high, as opposed to average gains per annum over the past five years.
BRIDGEWATER, 5155 in SA belongs to the local government area of Adelaide Hills (DC).
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||9.57%||N/A|
|Median 3 years||13.4%||N/A|
|Median 5 years||21.94%||N/A|
|10 years average annual||3.28%||N/A|
|Weekly media advert. rent||$482.5||N/A|
|Time on Market||49.9 days||N/A|
|Gross Rental Yield Percent||4.43%||N/A|