Property investors who have had real estate in Murray Bridge, 5253 should be relatively unhappy with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 1.74%
Murray Bridge,5253 was ranked 3429 in Australia by increase in median property value over the quarter.
Murray Bridge, 5253 is offering SA ‘s 138th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this SA.
The SA suburb of Murray Bridge, 5253 is in the Murray Bridge local government area.
Murray Bridge has had a pretty average year for property investment returns compared to the rest of SA, giving investors a capital gain of 3.23% to date .
Murray Bridge,5253 has offered an average of 3.23% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Murray Bridge 5253 should be seeing an average reduction in asking price of around -5.18% . This means that Murray Bridge is holding prices well when compared to other suburbs in SA.
With the median price for a house in Murray Bridge being $207500 and the advertised rent reaching $230 the gross rental yield for property investors calculates out to be 5.76%