Bridgetown

POSTAL CODE: WA, 6255

HOUSE

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 $624,000.

The upward trend in home prices in BRIDGETOWN, 6255 averaged 13.81% per annum over a 3-year period.

Average weekly rents on listings have reached the $600 mark, reflecting a 5% increase in returns based on the current median price in BRIDGETOWN.

An average of 9.83 real estate transactions take place per month in BRIDGETOWN which translates to 118 per annum.

118 properties were sold in BRIDGETOWN in 2016, making it the 487th most active market in WA based on total real estate transactions.

BRIDGETOWN, 6255 places 432nd in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$624,000	N/A
Growth Report
Median Quarterly	0.65%	N/A
Median 12 month	14.81%	N/A
Median 3 years	41.42%	N/A
Median 5 years	70.96%	N/A
10 years average annual	5.72%	N/A
Weekly media advert. rent	$600	N/A
Time on Market	35.5 days	N/A
Gross Rental Yield Percent	5%	N/A

Demographics (Median Values)*

Total Population 3916

Weekly Household Income 1010

Household Size 2.30

Average Age 50

Monthly Loan Repayment 1517

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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