Suburb Profile

Suburb profile for,

Murray Bridge, SA

Located in the dynamic state of SA (postcode 5253), MURRAY BRIDGE is a vibrant real estate market. This suburb holds a median house price of $340,000 and has demonstrated an average buying growth of Up 23.2%. Last month, 65 houses were available, with 380 transactions completed in the past year. Properties spend around 48 days on the market, reflecting the area's demand with 1369 interested buyers. The average rental yield stands at 5.4%, with a weekly median rent of $252 per week and an average rent growth of Up 17.9%. Rental properties usually stay on the market for 16 days. The population in 2016 was 14563, which changed by +4.80% in the past five years. The median weekly household income is $910, reflecting an income change of +16.97% over the past five years. Residents have a median age of 39 years, and the suburb has an average annual growth for houses of +6.97%. To fully take advantage of MURRAY BRIDGE's prosperous real estate market and substantial buyer interest, rely on Handle Properties. As the best buyers agent in MURRAY BRIDGE, Handle provides end-to-end property investment services, backed by data and experts.

SUBURB DATA

Quantitative data for,

Murray Bridge, SA

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.
State
SA
Suburb
MURRAY BRIDGE
Postcode
5253
Median price for all dwellings
$340,000
Last 12 months growth return
Up 23.2%
Avg. dwellings for sale in the suburb every month
65
Avg. dwellings sold in the suburb in previous 12 months
380
Avg days on market for a dwelling listing to sell
48 days
Avg. number of people searching in this suburb every month
1369
Avg. rental yield per annum
5.40%
Weekly median rent for all dwellings
$252 per week
Median price for all houses
$340,000
Avg. rental yield growth in the previous 12 months
5.40%
Avg. days for a rental listing to find a tennant
16 days
Total suburb population in 2016
14563
Total suburb population change in 5 years up to 2016
4.80%
Avg. household income per week
$910
Median age of the population in the suburb
39
Historic avg annual growth return per annum in the suburb
6.97%

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