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Bridgewater suburb profile

Bridgewater is a picturesque suburb nestled in the Adelaide Hills, approximately 21km southeast of Adelaide's CBD. Known for its lush greenery and tranquil environment, Bridgewater offers a serene lifestyle with a strong sense of community. The suburb is characterized by its charming historic buildings, beautiful gardens, and the iconic Bridgewater Mill, a popular local landmark. Residents enjoy the peaceful surroundings while having access to essential amenities and services. With its close proximity to nature trails and parks, Bridgewater is an ideal location for those seeking a blend of rural charm and convenient living.

Bridgewater property market performance

Bridgewater's property market has shown robust growth over the past 12 months, with house values increasing by 11.1%. The current median house price stands at approximately $1.05 million. However, the suburb does not have a unit market, as indicated by the absence of unit sales and median prices.

In terms of sales activity, 25 houses have been sold in the past year, with properties spending a median of 50 days on the market. This suggests a steady demand for houses in the area, despite the relatively longer time on the market compared to some other suburbs.

The rental market for houses in Bridgewater has also seen significant growth, with average rents increasing by 9.7% over the last 12 months, reaching $680. This indicates a strong demand for rental properties in the suburb.

HousesUnits
Median price
Past 3 months
$1.07MN/A
Change in value
Past 12 months
16.0%N/A
Sold
Past 3 months
23N/A
Median days on market
Past 12 months
51N/A
Average rent
Past 12 months
$655N/A
Change in rent
Past 12 months
5.6%N/A

5 year median price trend for houses and units

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Bridgewater demographics

Bridgewater, nestled in the picturesque Adelaide Hills, offers a serene lifestyle with a strong sense of community. Known for its lush greenery and tranquil environment, this suburb is an ideal retreat for those seeking a peaceful yet connected living experience. The median age of 40 suggests a mature population, with many families and long-term residents enjoying the area's natural beauty and close-knit community feel.

The suburb's housing market is characterized by a high rate of home ownership, with 35.5% of properties owned outright and 54% owned with a mortgage. This indicates a stable community with a significant number of residents committed to long-term living in the area. The low rental rate of 10.5% further underscores the suburb's appeal to homeowners rather than transient renters.

Family life is a prominent feature of Bridgewater, with 47.8% of households being couple families with children, and 36.5% being couple families without children. This family-oriented atmosphere is complemented by the suburb's excellent amenities, including parks, schools, and local shops, making it a desirable location for raising children. The combination of natural beauty, community spirit, and family-friendly facilities makes Bridgewater a charming and sought-after suburb in the Adelaide Hills.

Suburbs near Bridgewater

Some popular suburbs near Bridgewater include:

How does Bridgewater compare to nearby suburbs?

  • Median house prices: Bridgewater’s median house price is 45.8% lower than Stirling’s.
  • House price growth: Over the past 12 months, house prices in Bridgewater have grown 1.5% higher than in Aldgate.
  • Selling speed for houses: Properties in Bridgewater are selling 27.1% faster than in Stirling.
  • House price growth: Over the past 12 months, house prices in Bridgewater have grown 13.7% higher than the average rate of growth across Adelaide.

Choose the right real estate agents in Bridgewater

Currently, there are 23 real estate agents working in Bridgewater—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 23 agents sold 80.0% of all properties in Bridgewater over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Bridgewater typically charge a commission of 1.63% to 3%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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