Investment property in Bridport 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 14.15%
Over the longer term, Bridport has seen property prices show investors a 31.91% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Bridport 7262 should be seeing an average reduction in asking price of around -6.81% . This means that Bridport is holding prices well when compared to other suburbs in TAS.
In the last year 43 properties changed hands in Bridport, which puts it as the 68th most active market in TAS when comparing the number of sales per suburb.
With the median price for a house in Bridport being $371000 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 4.20%
At number 16th in the list of Australian suburbs ordered by increase in median house value over the last year, Bridport, 7262 is in the top 10% with a property value increase of 35.55% recorded in median house prices.
Across a shorter period, Bridport, 7262 has seen a median price increase of -1.95% over the last quarter.