Suburb Profile Report for Bridgewater TAS (7030)

Bridgewater House: Median price $176,900, Annual capital growth 2.88%, Number of sales 60, Weekly median advertised rent $255

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

Source: CoreLogic

  • House Report

Bridgewater is in the TOP 30% in TAS when comparing median price capital growth over the last year. Bridgewater gave property investors a good capital gain figure when compared to the rest of the state, with 7.21%.

Across a shorter period, Bridgewater, 7030 has seen a median price increase of -0.56% over the last quarter.

Property buyers and investors in Bridgewater 7030 should be seeing an average reduction in asking price of around -6.73% . This means that Bridgewater is holding prices well when compared to other suburbs in TAS.

Using the current median advertised rental of $255 and the average annual increase in value of a median property of 2.88%, investors should hope to achieve an overall return of 7.50%

HOUSE UNIT
$176,900 N/A
-0.56% N/A
7.21% N/A
2.88% N/A
$255 N/A
60 N/A
7.50% N/A
88.07 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 4124
Median household income ($/weekly) 680
Median age of persons 32
Median housing loan repayment ($/monthly) 1036
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 697 16.9
    25-34 years 564 13.7
    35-44 years 460 11.2
    45-54 years 464 11.3
    55-64 years 588 14.3
    Others 1351 32.8
    Age Group
    Census Count Percent(%)
    Not Married 1372 51.7
    Registered Married 902 34.0
    Defacto Relationship 380 14.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 3472 95.9
    Greece 14 0.4
    Papua New Guinea 13 0.4
    United Kingdom 71 2.0
    Other 17 0.5
    Others 34 0.9
    Country of Birth
    Census Count Percent(%)
    Christianity 2366 69.4
    No Religion 1011 29.7
    Other Religious Groups 21 0.6
    Buddhism 8 0.2
    Islam 3 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 181 14.1
    $400-$599 256 19.9
    $600-$799 176 13.7
    $800-$999 154 12.0
    $1,000-$1,249 141 11.0
    Others 376 29.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1387 51.9
    Employed, worked full-time 633 23.7
    Employed, worked part-time 392 14.7
    Unemployed, looking for work 178 6.7
    Employed, away from work 85 3.2
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 156 14.1
    Community & personal service workers 167 15.1
    Sales 130 11.8
    Machinery operators & drivers 145 13.1
    Labourers 285 25.8
    Others 222 20.1
    Occupation
    Census Count Percent(%)
    Pre-school 47 5.5
    Infants/Primary 393 46.3
    Secondary 275 32.4
    Technical or Further Educational Institution 80 9.4
    Other type of educational institution 30 3.5
    Others 23 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3499 92.7
    Flat, unit or apartment 163 4.3
    Semi-detached, row or terrace house, townhouse 110 2.9
    Improvised home, tent, sleepers out 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 721 50.6
    Being purchased 408 28.7
    Fully owned 283 19.9
    Other tenure type 12 0.8
    Tenure Type
Census 2011, ABS
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