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    Real Estate Market: Is Bridgenorth TAS 7277 a Good Suburb to Buy Into?

    Housing Market in Bridgenorth
    Key Bridgenorth Metrics & Forecast to 2028
    Sample Graphic
    Sources: Property Listings and Microburbs, 2002 - 2023
    Field Value VS Launceston and North East Tas Trend
    Capital Growth Forecast: Houses
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    Capital Growth Forecast: Houses (2-Year Outlook)
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    Median yield for houses
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    Smart median rent: All houses
    		$531 Bottom 35% 175% to Mar 2025
    Smart median sale price: All houses
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    Housing Supply in Bridgenorth
    Bridgenorth Real Estate Investor Report
    Sample Graphic
    The higher the supply score the more supply is on the market, both current and future.
    Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2002 - 2023
    Bridgenorth
    33.2%
    Bridgenorth
    33.2%
    Launceston and North East Tas
    37.5%
    Launceston and North East Tas
    37.5%
    Compare
    Suburbs
    Field Value VS Launceston and North East Tas Trend
    Development applications
    		0 Bottom 38% Data for Jun 2025
    Developments
    		2.0 Bottom 40% Data for Jul 2023
    Housing Stock Quality Indicator
    Total new residential buildings value (SA2)
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    Days on market: houses
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    Days on market: units
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    Volume of houses sold in the last 30 days
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    Volume of units sold in the last 30 days
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    Stock on Market
    		1 Top 44% to Feb 2025
    Housing Stock Quality in Bridgenorth
    The higher the score, the higher the quality of the houses and units.
    Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
    Field Value VS Launceston and North East Tas Trend
    Houses
    		100.0% Top 31% Data for Jan 2021
    Average bedrooms - all homes
    		2.8 Top 23% 11% to Jan 2021
    NBN connection: fibreoptic cable to node
    		0.0% Bottom 37% Data for Jun 2023
    Development Restrictions in Bridgenorth
    Bridgenorth Zoning Map
    Sample Graphic
    The higher the score, the more easily density can be increased.
    Sources: GEOSPATIAL, TORREN and Microburbs, 2011 - 2023
    Bridgenorth
    27.5%
    Bridgenorth
    27.5%
    Launceston and North East Tas
    28.0%
    Launceston and North East Tas
    28.0%
    Compare
    Suburbs
    Field Value VS Launceston and North East Tas Trend
    Risk in Bridgenorth
    Bridgenorth Risk Report
    Sample Graphic
    The higher the score, the more exposed households are to financial stress.
    Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
    Bridgenorth
    31.0
    Bridgenorth
    31.0
    Launceston and North East Tas
    39.4
    Launceston and North East Tas
    39.4
    Compare
    Suburbs
    Field Value VS Launceston and North East Tas Trend
    % Owner Occupied
    		98.4% Top 23% 1% to May 2023
    % Rentals
    		1.6% Bottom 23% 45% to May 2023
    Housing Affordability Index
    		38 Top 34% Data for Jun 2023
    Median monthly mortgage
    		$1,190 Bottom 15% 10% to May 2023
    Rent Affordability Index (Houses)
    		76 Bottom 37% Data for Jun 2023
    Rent Affordability Index (Units)
    		76 Bottom 48% Data for Jun 2023
    Mortgage as a percent of income
    		17.5% Bottom 27% 23% to Jan 2021
    Mortgaged Dwellings
    		60.7% Top 7% 17% to May 2023
    Housing Demand in Bridgenorth
    The higher the score, the more demand their is for housing in the area, both current and future.
    Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030
    Bridgenorth
    44.6%
    Bridgenorth
    44.6%
    Launceston and North East Tas
    54.8%
    Launceston and North East Tas
    54.8%
    Compare
    Suburbs
    Field Value VS Launceston and North East Tas Trend
    Net internal migration (LGA)
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    Net overseas migration (LGA)
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    Historical Population (SA3)
    		25200 Bottom 12% 16% to Dec 2023
    Historical population growth
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    Population (LGA)
    		24900 Top 39% 21% to Dec 2030
    Population Projection (LGA)
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    Proportion of distressed listings
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    Unit Market in Bridgenorth
    Bridgenorth Unit Investor Report
    Sample Graphic
    Sources: Property Listings and Microburbs, 2002 - 2023
    Field Value VS Launceston and North East Tas Trend
    Median yield for units
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    Smart median rent: All units
    		$421 Bottom 35% 209% to Feb 2025
    Smart median sale price: All units
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    Unit to house ratio
    		67.8% Bottom 36% 7% to Mar 2025
    LGA Details (1)
    Percent of Renters by Street (10)
    Turnover Rate by Street (8)
    Recently Sold Houses (34)
    Businesses (4)
    Median House Sale Prices by Street (95)
    Recent Rental House Listings (100)
    Recently Sold Units (100)
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    Profiles
    People & Lifestyle
    Crime & Disadvantage
    Real Estate
    Affluence & Economy
    Environment
    Nearby Suburbs
    Rosevears
    Riverside (Tas.)
    Legana
    Exeter (Tas.)
    Glengarry (Tas.)
    Notley Hills
    Grindelwald
    Rosevale (Tas.)
    Westwood (Tas.)
    Lanena