Suburb Profile Report for Bridport TAS (7262)

Bridport House: Median price $328,500, Annual capital growth 1.17%, Number of sales 54, Weekly median advertised rent $300

Bridport Unit: Median price $277,000, Annual capital growth 10.47%, Number of sales 11, Weekly median advertised rent N/A

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

Property investors who have had real estate in Bridport, 7262 should be pleased with this TAS suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 18.38%

While Bridport,7262 ranked number 130th in TAS for increase in median house value (annualised) increase, it is ranked 104th over the last 5 years.

Vendor discounting in Bridport is giving property investors an average Vendor Discount of around -8.02%. This puts suburb at number 18th in TAS when ranking the most discounted suburbs.

With the median price for a house in Bridport being $328500 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 4.75%

Over the last year, property investments in Bridport, 7262 have given investors a capital gain of 10.47%. This compares averagely with the 11.63% for TAS as a whole.

Bridport,7262 was ranked 1048 in Australia by increase in median property value over the quarter.

Metrics i HOUSE UNIT
$328,500 $277,000
-0.45% -1.07%
18.38% 10.47%
1.17% 10.47%
$300 N/A
54 11
4.75% N/A
106.34 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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