AREA REPORTS

Bridport

Suburb Profile

Bridport - FREE SUBURB PROFILE REPORT
POSTAL CODE: TAS,7262

house
unit

Property investments in BRIDPORT fare well against the rest of the country last year, registering a median home price increase of 17.84%.

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

Based on its average 5-year and quarterly capital gains BRIDPORT, 7262 saw average growth in the long term.

Real estate investors could earn a rental income of $300 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 111.3 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $327,000.

BRIDPORT ranks 85th on the list of best yielding suburbs for rental properties in TAS, posting a 4.77% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $327,000 $278,500
GROWTH REPORT
Median Quarterly -0.91% -0.54%
Median 12 month 17.84% 11.07%
Median 3 years 16.79% N/A
Median 5 years 16.79% N/A
10 years average annual 1.12% 11.07%
Weekly media advert. rent $300 N/A
Time on Market 111.3 days 0.0 days
Gross Rental Yield Percent 4.77% N/A
demographics (median values)
Total Population
1805
Weekly Household Income
662.9
Household Size
2.40
demographics
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