At number 3212th in the list of Australian suburbs ordered by increase in median house value over the last year, Murray Bridge, 5253 is in the BOTTOM 30% with a property value increase of -1.07% recorded in median house prices.
A 5.25% growth in median value for property investors in Murray Bridge,5253 puts this suburb at number 243th in terms of best performing suburbs in SA
Sellers are offering property buyers an average discount of -5.91% to buyers in Murray Bridge at the moment, which is less than average for the rest of SA.
A $252 per week rent on the median house gives suburb investors a gross yield of circa 5.69%, without taking into account capital value appreciation, which has been averaging out at 1.02%.
Giving property investors a a poor capital gain of -15.66% for the last year, Murray Bridge, 5253 is the 1654th highest performer in Australia in this respect.
Over the longer term, Murray Bridge has seen property prices show investors a -2.78% return over the last 3 years. This is worse than over the last 12 months
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 -5.27% is being offered, which puts this SA suburb at 635th most discounted overall in Australia.
Often selling an investment property can take time, and in Murray Bridge the average time real estate has been on the market is 133.27 days.
Using the current median advertised rental of $240 and the average annual increase in value of a median property of 0.85%, investors should hope to achieve an overall return of 7.13%