Suburb Profile Report for Bridport TAS (7262)

Bridport House: Median price $282,500, Annual capital growth 1.33%, Number of sales 41, Weekly median advertised rent $255

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

Source: CoreLogic

  • House Report

At number 2014th in the list of Australian suburbs ordered by increase in median house value over the last year, Bridport, 7262 is in the top half with a property value increase of 4.63% recorded in median house prices.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bridport has increased when compared to the 5 year average annual rate.

Property investors looking for a bargain in Bridport should be aiming for at least -9.43% off the asking price, which is the average vendor discount being achieved at the moment.

Using the current median advertised rental of $255 and the average annual increase in value of a median property of 1.33%, investors should hope to achieve an overall return of 4.69%

HOUSE UNIT
$282,500 N/A
-1.57% N/A
4.63% N/A
1.33% N/A
$255 N/A
41 N/A
4.69% N/A
113.39 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 1715
Median household income ($/weekly) 788
Median age of persons 46
Median housing loan repayment ($/monthly) 1221
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 212 12.4
    35-44 years 197 11.5
    45-54 years 250 14.6
    55-64 years 248 14.5
    65-74 years 228 13.3
    Others 580 33.8
    Age Group
    Census Count Percent(%)
    Registered Married 672 53.9
    Not Married 458 36.7
    Defacto Relationship 117 9.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1512 92.5
    New Zealand 15 0.9
    Papua New Guinea 11 0.7
    United Kingdom 43 2.6
    Other 12 0.7
    Others 41 2.5
    Country of Birth
    Census Count Percent(%)
    Christianity 1068 69.5
    No Religion 460 29.9
    Buddhism 8 0.5
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 87 13.9
    $400-$599 116 18.6
    $600-$799 80 12.8
    $800-$999 66 10.6
    $1,500-$1,999 60 9.6
    Others 216 34.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 597 44.1
    Employed, worked full-time 397 29.3
    Employed, worked part-time 257 19.0
    Employed, away from work 54 4.0
    Unemployed, looking for work 48 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 109 15.4
    Professionals 90 12.7
    Technicians & trades workers 134 18.9
    Community & personal service workers 77 10.8
    Labourers 111 15.6
    Others 189 26.6
    Occupation
    Census Count Percent(%)
    Pre-school 12 3.8
    Infants/Primary 129 41.0
    Secondary 113 35.9
    Technical or Further Educational Institution 32 10.2
    University or other Tertiary Institutions 21 6.7
    Others 8 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1459 93.8
    Flat, unit or apartment 85 5.5
    Semi-detached, row or terrace house, townhouse 8 0.5
    Caravan, cabin, houseboat 4 0.3
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 320 46.5
    Being purchased 198 28.8
    Rented 162 23.5
    Other tenure type 8 1.2
    Tenure Type
Census 2011, ABS
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