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Suburb Insights ยท VIC 3516

Bridgewater 3516, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Bridgewater is a regional centre in Victoria, Australia, with a population of approximately 133, making it a boutique locality. Located approximately 158 km from the Melbourne CBD, Bridgewater is a regional area in Victoria. The median household income is $92,092 AUD per year (ABS 2021 Census).

Investment Score

41 / 100 Moderate

Bridgewater benefits from a high-income resident base, supporting premium property pricing. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Map shows Bridgewater, Victoria, Australia.

Key Indicators

Postcode
3516

Official Australia Post postcode for Bridgewater. A postcode may cover multiple suburbs.

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Population
133

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$115/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$92,092/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
158 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,350/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
71% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As a regional centre, Bridgewater serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $115/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,350/month. The median household income of $92,092/year reflects a solid demographic, supporting sustainable rental demand.

Investment Strategy

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Buy & Hold

Holding property in Bridgewater over the medium term may deliver steady, if unspectacular, returns.

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Rental Yield

Rental yields in Bridgewater tend to be lower โ€” investors may need to rely on capital growth instead.

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Renovation / Flip

Renovation or flip strategies in Bridgewater face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

Run the numbers on a Bridgewater property

Full Property Analysis

30-year projections for Bridgewater

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital growth in Bridgewater may remain subdued in 2026, with limited demand drivers in the near term. Landlords in Bridgewater may face longer tenant search times; competitive pricing will be important. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Bridgewater a good suburb for investment?

Bridgewater is a regional area in Victoria with a population of 133. The median rent is $115/week and the median household income is $92,092/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Bridgewater?

Key demand drivers in Bridgewater include regional employment hubs, lifestyle, and affordability. 71% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Bridgewater?

According to the ABS 2021 Census, Bridgewater has a population of approximately 133. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Bridgewater from the Melbourne CBD?

Bridgewater is approximately 158 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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