Bridgewater has had a pretty good year for property investment returns compared to the rest of TAS, giving investors a capital gain of 9.70% to date .
While Bridgewater,7030 ranked number 44th in TAS for increase in median house value (annualised) increase, it is ranked 30th over the last 5 years.
Sellers are offering property buyers an average discount of -6.19% to buyers in Bridgewater at the moment, which is less than average for the rest of TAS.
Bridgewater, 7030’s gross rental yield is 6.73%
At number 423th in the list of Australian suburbs ordered by increase in median house value over the last year, Bridgewater, 7030 is in the top 30% with a property value increase of 3.70% recorded in median house prices.
Advertised rents are around the $290 mark per week – giving a return of 7.69% based on the median price in Suburb