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Bridport
AREA REPORTS

Bridport

Bridport - SUBURB PROFILE REPORT
POSTAL CODE: TAS, 7262

house

Property investments in BRIDPORT fare well against the rest of the country last year, registering a median home price increase of 39.19%.

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 $327.5 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 51.1 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 $626,375.

BRIDPORT ranks 118th on the list of best yielding suburbs for rental properties in TAS, posting a 2.72% return.

Data report can be found below

Bridport
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $626,375 N/A
GROWTH REPORT
Median Quarterly 8% N/A
Median 12 month 39.19% N/A
Median 3 years 84.23% N/A
Median 5 years 95.74% N/A
10 years average annual 10.38% N/A
Weekly media advert. rent $327.5 N/A
Time on Market 51.1 days N/A
Gross Rental Yield Percent 2.72% N/A
demographics (median values)*
Total Population
1707
Weekly Household Income
957
Household Size
2.10
Age
49
Monthly Loan Repayment
1300
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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