TAS/
Bridgewater

Suburb Profile

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

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BRIDGEWATER, 7030 ranks 463rd on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 18.11% 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 $210,000.

The upward trend in home prices in BRIDGEWATER, 7030 averaged 10.36% per annum over a 3-year period.

Average weekly rents on listings have reached the $295 mark, reflecting a 7.3% increase in returns based on the current median price in BRIDGEWATER.

An average of 5.58 real estate transactions take place per month in BRIDGEWATER which translates to 67 per annum.

67 properties were sold in BRIDGEWATER in 2016, making it the 31st most active market in TAS based on total real estate transactions.

BRIDGEWATER, 7030 places 99th in Australia based on median property value growth during the quarter.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $210,000 $178,000
GROWTH REPORT
Median Quarterly 2.44% 12.66%
Median 12 month 18.11% N/A
Median 3 years 31.07% N/A
Median 5 years 16.67% N/A
10 years average annual 2.56% N/A
Weekly media advert. rent $295 $235
Time on Market 42.9 days 0.0 days
Gross Rental Yield Percent 7.3% 6.87%
demographics (median values)
Total Population
3946
Weekly Household Income
591.4
Household Size
2.60
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Bridgewater, TAS
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