Suburb Profile Report for Murray Bridge SA (5253)

Murray Bridge House: Median price $250,000, Annual capital growth 1.00%, Number of sales 307, Weekly median advertised rent $260

Murray Bridge Unit: Median price $220,000, Annual capital growth 0.08%, Number of sales 49, Weekly median advertised rent $210

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

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Murray Bridge has had a pretty average year for property investment returns compared to the rest of SA, giving investors a capital gain of 11.11% to date .

A 9.77% growth in median value for property investors in Murray Bridge,5253 puts this suburb at number 196th in terms of best performing suburbs in SA

The most recent median price for Murray Bridge is $250000, with sellers offering an average of -4.38% off the asking price.

Situated 65.40km from the CBD, Murray Bridge is one of Murray Bridge (RC) localities in the postcode 5253.

Over the last year, property investments in Murray Bridge, 5253 have given investors a capital gain of 27.54%. This compares very favourably with the 4.52% for SA as a whole.

Across a shorter period, Murray Bridge, 5253 has seen a median price increase of 2.92% over the last quarter.

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 -4.36% is being offered, which puts this SA suburb at 433th most discounted overall in Australia.

Murray Bridge, 5253’s gross rental yield is 4.96%

Metrics i HOUSE UNIT
$250,000 $220,000
4.17% 2.92%
11.11% 27.54%
1.00% 0.08%
$260 $210
307 49
5.41% 4.96%
94.2694610778443 93.28

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Very good (U)
Find a mortgage broker in Murray Bridge SA
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
Chart Table