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Bridgewater

Suburb Profile

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

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unit

BRIDGEWATER, 7030 ranks 608th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 8.51% 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 $255,000.

The upward trend in home prices in BRIDGEWATER, 7030 averaged 14.83% per annum over a 3-year period.

Average weekly rents on listings have reached the $347.5 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 26th most active market in TAS based on total real estate transactions.

BRIDGEWATER, 7030 places 111th 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 $255,000 $255,000
GROWTH REPORT
Median Quarterly 0.39% 2.82%
Median 12 month 8.51% 35.64%
Median 3 years 44.48% N/A
Median 5 years 52.24% N/A
10 years average annual 4.26% 35.64%
Weekly media advert. rent $347.5 $295
Time on Market 31.6 days 0.0 days
Gross Rental Yield Percent 7.09% 6.02%
demographics (median values)
Total Population
3946
Weekly Household Income
591.4
Household Size
2.60
demographics
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