Over the last year, property investments in Murray Bridge, 5253 have given investors a capital gain of 4.41%. This compares averagely with the 3.22% for SA as a whole.
Over the longer term, Murray Bridge has seen property prices show investors a 3.91% return over the last 3 years. This is an improvement over the last 12 months
Property investors looking for a bargain in Murray Bridge should be aiming for at least -7.36% off the asking price, which is the average vendor discount being achieved at the moment.
At number 3270 in a list of fastest selling suburbs, Murray Bridge is in the bottom 20% of suburbs in Australia with an average of days on market 123.86 for properties listed there.
Murray Bridge is 61th on a list of best yielding suburbs for rents in SA with a 5.44% return
With a capital gain of 11.11% for the last 12 months, Murray Bridge, 5253 has performed for property investments than its average annual 1.93% property growth over the last 5 years.
A 0.00% growth in median value for property investors in Murray Bridge,5253 puts this suburb at number 79th in terms of best performing suburbs in SA
Vendor discounting in Murray Bridge is giving property investors an average Vendor Discount of around -6.12%. This puts suburb at number 82th in SA when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Murray Bridge the average time real estate has been on the market is 119.61 days.
Using the current median advertised rental of $230 and the average annual increase in value of a median property of 1.93%, investors should hope to achieve an overall return of 5.70%