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Murray Bridge East
AREA REPORTS

Murray Bridge East

Murray Bridge East - SUBURB PROFILE REPORT
POSTAL CODE: SA, 5253

house

MURRAY BRIDGE EAST, 5253 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Investors saw the median home price rise to $341,500.

Profits due to an upward trend in home prices in the suburb averaged 11.84% per annum over a 3-year period.

MURRAY BRIDGE EAST now ranks at the 468th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in MURRAY BRIDGE EAST are low, as opposed to average gains per annum over the past five years.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In MURRAY BRIDGE EAST, homes and units usually stay on listing for an average of 83.3 days.

In 2016, 26 properties were sold in MURRAY BRIDGE EAST during the past year, making it the 287th most active market in SA based on total real estate transactions.

Data report can be found below

Murray Bridge East
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $341,500 N/A
GROWTH REPORT
Median Quarterly -3.8% N/A
Median 12 month -9.18% N/A
Median 3 years 35.52% N/A
Median 5 years -1.01% N/A
10 years average annual 3.44% N/A
Weekly media advert. rent N/A N/A
Time on Market 83.3 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
18489
Weekly Household Income
945
Household Size
2.40
Age
40
Monthly Loan Repayment
1170
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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