Suburb Profile Report for Murray Bridge SA (5253)

Murray Bridge House: Median price $232,000, Annual capital growth 2.19%, Number of sales 273, Weekly median advertised rent $250

Murray Bridge Unit: Median price $207,500, Annual capital growth 1.60%, Number of sales 56, Weekly median advertised rent $230

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

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%.

Metrics i HOUSE UNIT
$232,000 $207,500
0.43% 1.34%
0.87% 0.73%
2.19% 1.60%
$250 $230
273 56
5.60% 5.76%
128.08 117.34

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
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Demographics
Total population 13891
Median household income ($/weekly) 765
Median age of persons 39
Median housing loan repayment ($/monthly) 1192
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 1697 12.2
    25-34 years 1712 12.3
    35-44 years 1843 13.3
    45-54 years 1732 12.5
    55-64 years 1488 10.7
    Others 5421 39.0
    Age Group
    Census Count Percent(%)
    Not Married 4511 45.8
    Registered Married 4238 43.0
    Defacto Relationship 1099 11.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 11055 85.1
    Croatia 231 1.8
    Papua New Guinea 202 1.6
    United Kingdom 450 3.5
    Other 348 2.7
    Others 705 5.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 120 1.0
    Christianity 7608 64.1
    Islam 211 1.8
    Other Religious Groups 76 0.6
    No Religion 3791 31.9
    Others 66 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 629 12.8
    $400-$599 837 17.1
    $600-$799 661 13.5
    $800-$999 567 11.6
    $1,500-$1,999 446 9.1
    Others 1755 35.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 4982 47.0
    Employed, worked full-time 3065 28.9
    Employed, worked part-time 1675 15.8
    Unemployed, looking for work 480 4.5
    Employed, away from work 406 3.8
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 682 13.3
    Community & personal service workers 587 11.4
    Clerical & administrative workers 531 10.3
    Sales 513 10.0
    Labourers 1372 26.7
    Others 1460 28.4
    Occupation
    Census Count Percent(%)
    Pre-school 179 7.0
    Infants/Primary 1116 43.9
    Secondary 714 28.1
    Technical or Further Educational Institution 289 11.4
    University or other Tertiary Institutions 158 6.2
    Others 85 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 10912 86.4
    Semi-detached, row or terrace house, townhouse 1219 9.7
    Flat, unit or apartment 451 3.6
    Caravan, cabin, houseboat 39 0.3
    Improvised home, tent, sleepers out 6 0.0
    Others 4 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 2198 42.2
    Fully owned 1555 29.8
    Being purchased 1335 25.6
    Other tenure type 126 2.4
    Tenure Type
Census 2011, ABS
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