Bridport, TAS 7262: Suburb Profile & Property Report

Market Report

House report
Unit Report

In Bridport, the median property price for a house is currently $721,500 with annual capital growth of 3.07% . There were 40 house sales in the past 12 months. On average, houses spend 136 days on market.

If you're thinking about buying an investment property in Bridport, consider that rental yields for houses are currently 3.64% with an average median rent of $460 weekly. Houses have seen -4.44% growth in the past quarter, and 3.07% growth in the past 12 months.

The size of Bridport is approximately 323.5 square kilometres. It has 20 parks covering nearly 17.5% of total area. The population of Bridport in 2011 was 1,715 people. By 2016 the population was 1,567 showing a population decline of 8.6% in the area during that time. The predominant age group in Bridport is 60-69 years.

Households in Bridport are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bridport work in a labourer occupation. In 2011, 73.7% of the homes in Bridport were owner-occupied compared with 72.8% in 2016.

There were 7 unit sales in the past 12 months.

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Key Market Data	House	Unit
Median price	$721,500	–
Quarterly growth	-4.44%	–
12-month growth	+3.07%	–
Average annual growth	+14.29%	–
Weekly median rent	$460	–
Gross rental yield	3.64%	3.81%
Number of Sales (12m)	40	7
Avg. Days on Market (12m)	136	–

Jump to Market Trends

Key Demographics	2011	2016
Total population	1,715	1,567
Population change (5y)	-5.09%	-8.60%
Median household income (p/w)	$793	$994
Household income change (5y)	+22.57%	+25.35%
Median age of persons	46	48

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in Bridport is $721,500 for houses.

The Median Growth in Bridport over the past 12 months is 3.07% for houses.

Over the past 12 months there were 40 houses sold and 7 units sold in Bridport. On average, houses spent 136 days on market.

In the past 12 months up to September 2024 there were 40 houses sold and 7 units sold in Bridport. On average, houses spent 136 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in Bridport is $460 for houses.

The Rental Yield in Bridport is 3.64% for houses and 3.81% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

The population of Bridport was 1,567 in 2016, a -8.60% change compared to 2011.

The predominant age group in Bridport is 60-69 years.

The population of Bridport was 1,567 in 2016, a -8.60% change compared to 2011.

The predominant age group in Bridport is 50-59 years.

Most of the population in Bridport were born in Australia.

Most of the population in Bridport report their religion as No Religion.

Most of the population in Bridport report their religion as Anglican.

Most of the population in Bridport report their income range as between $15,000 and $33,000 .

The median household income in Bridport was $994 in 2016, a +25.35% change compared to 2011.

Most of the population in Bridport report their income range as between $15,000 and $31,000 .

The median household income in Bridport was $793 in 2011, a +22.57% change compared to 2006.

Most of the population in Bridport work as Trades.

The chart below demonstrates the various levels of education in Bridport.

Most of the population in Bridport reached a qualification level of Certificate.

2011 2016

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