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Bridgetown, WA 6255

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 Bridgetown, WA 6255 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

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5BR

Rent 

2BR

3BR

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5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

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Yield 

1BR

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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 “Bridgetown, WA 6255”

  1. The total adult population (15 years or older) of Bridgetown 6255 WA is 2,674, with a median age of 52. Of those, 51.08% are married, 15.67% are divorced or separated, 26.48% are single and 6.69% are widowed.

    The average household size is 2.2 people per dwelling, and the median household monthly income is estimated to be $5,848. The median monthly mortgage repayment for households in this suburb is $1,400 which is 23.94% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Bridgetown, 6255, located in Western Australia, houses an approximate total of 2219 households. As of the third quarter of 2023, average housing prices in Bridgetown amount to $524,725, with a median weekly rent of $322. This leads to an indicative yield of 3.19%, which is slightly above the minimum market requirement, making it appealing to cashflow-centered investors.

    In terms of socio-economic factors, Bridgetown has an IRSAD score of 954 out of 1217. This indicates that the area manifests moderate to high socio-economic status offering residents sufficient access to numerous resources. Furthermore, the renter to owner ratio is 19%, indicating a lower proportion of rental properties. This is beneficial as markets oversaturated with rental properties may deter property investors due to high competition and lower returns.

    Substantially, Bridgetown shows a 0% units to houses ratio, pointing to a market that isn’t saturated with units which generally could decrease rental competition among landlords and maintain higher rental yields. This presents a favourable situation for property investors directing their focus on houses rather than apartments or units.

    Conversely, the suburb shows a high affordability index of 35 years for houses. This may indicate a less affordable market for the average buyer, although investors can leverage high rents. Bridgetown has a stock on market percentage of 0.41% which suggests a balanced housing supply in the area. This notion is supported by an inventory level of 1.13 months, further solidifying this balanced market scenario.

    One favourable indicator is the building approvals ratio for houses in the area, at 0.0%, indicating a low likelihood of an increased supply, preventing potential market saturation. However, the average number of days on the market for houses is quite high at 144 days, suggesting a slower-moving market with less demand.

    In contrast, the vacancy rate is incredibly low at 0.24%, implying that the area is in high demand with an excellent prospective tenant base for potential landlords. The buy search index for houses stands at 5, which suggests an average level of online search activity for houses in comparison to the state or city.

    Collectively, the property market in Bridgetown, 6255 poses as a balanced market with several favourable indicators for potential property investors, despite some areas that may require careful consideration.

    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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