Investment property in Murray Bridge has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.87%
Across a shorter period, Murray Bridge, 5253 has seen a median price increase of 0.43% over the last quarter.
Murray Bridge5253 is located in SA which offers an average discount of -6.50% to property investors. Murray Bridge itself is showing figures that indicate -7.82% is the average achievable by property buyers investing in the suburb.
Murray Bridge is 52th on a list of best yielding suburbs for rents in SA with a 5.60% return
At number 1036th in the list of Australian suburbs ordered by increase in median house value over the last year, Murray Bridge, 5253 is in the BOTTOM 50% with a property value increase of 0.73% recorded in median house prices.
Murray Bridge,5253 was ranked 689 in Australia by increase in median property value over the quarter.
Murray Bridge, 5253 is offering SA ‘s 69th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this SA.
A $230 per week rent on the median house gives suburb investors a gross yield of circa 5.76%, without taking into account capital value appreciation, which has been averaging out at 1.60%.