AREA REPORTS

Bridgewater

Suburb Profile

Bridgewater - FREE SUBURB PROFILE REPORT
POSTAL CODE: TAS,7030

house
unit

BRIDGEWATER, 7030 ranks 337th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 18.92% for property investors.

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also 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 $220,000.

The upward trend in home prices in BRIDGEWATER, 7030 averaged 12.47% per annum over a 3-year period.

Average weekly rents on listings have reached the $300 mark, reflecting a 7.09% increase in returns based on the current median price in BRIDGEWATER.

An average of 5.75 real estate transactions take place per month in BRIDGEWATER which translates to 69 per annum.

69 properties were sold in BRIDGEWATER in 2016, making it the 23rd most active market in TAS based on total real estate transactions.

BRIDGEWATER, 7030 places 46th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $220,000 $184,750
GROWTH REPORT
Median Quarterly 4.76% 9.97%
Median 12 month 18.92% 23.99%
Median 3 years 37.4% N/A
Median 5 years 46.67% N/A
10 years average annual 2.93% 8.09%
Weekly media advert. rent $300 N/A
Time on Market 36.6 days 0.0 days
Gross Rental Yield Percent 7.09% N/A
demographics (median values)
Total Population
3946
Weekly Household Income
591.4
Household Size
2.60
demographics
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