Giving property investors a an unimpressive capital gain of 0.87% for the last year, Murray Bridge, 5253 is the 2788th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Murray Bridge has given property investors a paper return of 0.00%. This puts Suburb as 250 on a list of fastest fasting appreciating suburbs in SA
Property buyers and investors in Murray Bridge 5253 should be seeing an average reduction in asking price of around -7.91% . This means that Murray Bridge is holding prices well when compared to other suburbs in SA.
Murray Bridge, 5253’s gross rental yield is 5.60%
With a capital gain of 2.72% for the last 12 months, Murray Bridge, 5253 has performed for property investments than its average annual 2.01% property growth over the last 5 years.
Across a shorter period, Murray Bridge, 5253 has seen a median price increase of 3.23% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Murray Bridge is offering property investors an average of -6.30. This rate of discount on properties puts Suburb at number 59th in terms of most discounted suburbs in 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 2.01%.