Murray Bridge is in the bottom 40% in SA when comparing median price capital growth over the last year. Murray Bridge gave property investors a disappointing capital gain figure when compared to the rest of the state, with 0.87%.
Murray Bridge,5253 has offered an average of 0.87% return per annum in house price rises to property investors over the last three years.
The most recent median price for Murray Bridge is $232000, with sellers offering an average of -7.84% off the asking price.
Murray Bridge is 58th on a list of best yielding suburbs for rents in SA with a 5.60% return
Over the last year, property investments in Murray Bridge, 5253 have given investors a capital gain of 2.63%. This compares averagely with the 4.27% for SA as a whole.
While Murray Bridge,5253 ranked number 138th in SA for increase in median house value (annualised) increase, it is ranked 147th over the last 5 years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Murray Bridge, 5253. Typically our figures indicate that -7.63% is being offered, which puts this SA suburb at 189th most discounted overall in Australia.
Using the current median advertised rental of $240 and the average annual increase in value of a median property of 2.46%, investors should hope to achieve an overall return of 6.40%