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Murray Bridge, SA 5253

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Murray Bridge, SA 5253 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Murray Bridge, SA 5253”

  1. The total adult population (15 years or older) of Murray Bridge 5253 SA is 12,502, with a median age of 42. Of those, 39.79% are married, 15.82% are divorced or separated, 36.76% are single and 7.61% are widowed.

    The average household size is 2.2 people per dwelling, and the median household monthly income is estimated to be $5,244. The median monthly mortgage repayment for households in this suburb is $1,083 which is 20.65% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Murray Bridge, coded 5253, is tucked away in South Australia. It’s home to approximately 8,555 households, crafting a vibrant, dynamic community. As we moved into Q3 of 2023, the property market exhibited some notable indicators for prospective buyers and investors.

    The typical price for houses in Murray Bridge is $424,025, with a median weekly rent of $327. This translates to a rather attractive indicative yield of 4.01%. This yield exceeds the minimum market requirement of 3% for cashflow-oriented property investors, placing Murray Bridge in the spotlight for those seeking profitable investments in the property realm.

    In terms of socio-economic status, the suburb boasts an IRSAD score of 830 out of 1,217. Although it doesn’t reach the higher brackets, it’s a respectable score that reflects a fairly decent socio-economic status among local residents.

    The renter to owner ratio in the area sits at 40%. Although higher than the preferred cap of 30%, the proportion isn’t alarmingly high. This indicates a healthy mix of both rental properties and owner-occupied dwellings, not reaching the questionable investment threshold of 45% renter saturation.

    A distinguishable characteristic of Murray Bridge is its impressive unit to house ratio. At just 1%, the presence of unit-style dwellings is at a bare minimum compared to houses. This helps to reduce competition among landlords for tenants, enhancing rental yields and attracting a family-oriented demographic.

    The affordability index for houses is queued at 32 years, placing it slightly above the balanced cap of 30 years. However, this only indicates a modest decrease in affordability, especially considering the trade-off for a healthy yield on rentals.

    Where supply is concerned, Murray Bridge represents a favourable picture. stock on market Percentage is a low 0.33%, which points to strained supply. inventory level for houses is 1.34 months, indicating the speed at which the current housing stock is selling.

    The district’s Building Approval Ratio sits at a harmless 0.48%, nowhere near the potentially excessive supply indicator of 2%. With a lower supply and high demand, house prices might experience upward pressure.

    Houses in Murray Bridge are snapped up quickly with average days on market being 19 days, way below the 35 days that indicate high demand. With a vacancy rate of only 0.29% – a significant departure from even the most favourable range (below 1%) – the demand for rentals is also high.

    The buy search index scores a 3, reflecting a neutral level of interest from potential buyers.

    Overall, with the exception of the slightly elongated Affordability Index and the moderate interest from buyers, Murray Bridge presents a favourable picture for those eyeing property investments. High yields, a minuscule units to houses ratio and the low supply metrics are some of the attractive attributes this suburb has to offer. It showcases the power of analytics, like the RCS metric from HtAG Analytics, in making knowledge-driven property investment decisions. Especially in suburbs such as Murray Bridge, where most indicators are predisposed favourably.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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