Suburb Profile Report for Bridport TAS (7262)

Bridport House: Median price $327,000, Annual capital growth 2.32%, Number of sales 57, Weekly median advertised rent $280

Bridport Unit: Median price $284,000, Annual capital growth 13.26%, Number of sales 12, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Bridport, 7262 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this TAS suburb was 11.41%.

Bridport,7262 was ranked 1990 in Australia by increase in median property value over the 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 Bridport, 7262. Typically our figures indicate that -8.08% is being offered, which puts this TAS suburb at 585th most discounted overall in Australia.

Advertised rents are around the $280 mark per week – giving a return of 4.45% based on the median price in Suburb

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 13.26%

If we look at median property appreciation over just the last three months, Bridport has given property investors a paper return of 7.17%. This puts Suburb as 10 on a list of fastest fasting appreciating suburbs in TAS

In the last year 12 properties changed hands in Bridport, which puts it as the 58th most active market in TAS when comparing the number of sales per suburb.

Metrics i HOUSE UNIT
$327,000 $284,000
0.62% 7.17%
11.41% 13.26%
2.32% 13.26%
$280 N/A
57 12
4.45% N/A
122.27 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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