Investment property in Bridgewater has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 16.77%
Taking the average capital gain, or increase in median house value, Bridgewater,7030 has racked up an average of 16.77% over the period. This ranks it number 278th in the whole country for real estate investors looking at median house price increases.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Bridgewater itself are offering an average vendor discount of -3.87% to real estate investors.
Using the current median advertised rental of $320 and the average annual increase in value of a median property of 4.00%, investors should hope to achieve an overall return of 7.08%
If we look at median property appreciation over just the last three months, Bridgewater has given property investors a paper return of -1.60%. This puts Suburb as 49 on a list of fastest fasting appreciating suburbs in TAS
Using the current median advertised rental of $255 and the average annual increase in value of a median property of 0.00%, investors should hope to achieve an overall return of 7.17%