Murray Bridge (postcode 5253) is a well-established suburb in South Australia within the Murray Bridge local government area. The area has roughly 15,043 residents and a settled mid-life population, with a median age of 42. Households earn a median income of $52K per year, with an average household size of 2.2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.9% year-on-year at the LGA level. SA employment has moved +1.6% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. SA also had 21 Commonwealth-backed major projects under construction, 7 underway, and 7 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are labourers, community & personal service, technicians & trades. Employment in the area leans toward healthcare and manufacturing. The top ancestries reported are English, Australian, German.
Units have a median price of $335,000 (+9.8% YoY). The current median weekly rent is $400. This gives a gross rental yield of approximately 6.2%. The median monthly mortgage repayment is $1,083.
Murray Bridge is served by 8 schools, including 3 primary, 1 secondary, 3 combined, 1 special. The average ICSEA score is 919, which is below the national average of 1,000. Public transport access includes 1 rail station, 1 bus stop. Healthcare facilities include 1 public hospital. The crime rate in the Murray Bridge LGA is higher than average at 9,619 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 6.2%, which reads as high yield. Property prices sit below the state median ($335K/$980K), which can point to relative value. The price-to-income ratio of 6.4x is considered moderate. House prices have moved +9.8% year-on-year. Population growth of +0.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.