TAS · 7030

Bridgewater

Suburb profile, market snapshot and recent listings for Bridgewater, TAS 7030.

Bridgewater, TAS 7030

About Bridgewater

Welcome to Bridgewater

Bridgewater sits about 20 kilometres north of Hobart, on the western bank of the Derwent River where it narrows before opening into the broader Derwent Valley. It's a working-class suburb in the Brighton municipality, historically defined by the causeway that carries traffic across the river, and by its role as a gateway between Hobart and the Midlands and north.

With a population of 4,592 and a median age of 31, Bridgewater is one of the younger, more affordable pockets of greater Hobart. It tends to suit first-home buyers, young families and investors looking for a foothold in the Tasmanian market, rather than those chasing river views or heritage streetscapes.

Lifestyle & dining

Bridgewater is not a suburb built around cafe strips or dining precincts; its character is practical rather than polished. Life here revolves around the river, the highway and the surrounding rural fringe, with day-to-day amenities covering most needs and residents happy to drive into Hobart or nearby Brighton for a bigger night out. It's a community suburb more than a lifestyle destination, and that straightforwardness is part of its appeal to people who want an unpretentious place to settle.

Shopping

Local shopping in Bridgewater centres on everyday convenience — supermarkets, takeaway food and essential services rather than boutique retail. For a wider range of shops, residents typically head to Brighton just to the north or further south towards Glenorchy and Hobart, both reachable via the Midland Highway and the Bridgewater Bridge.

Getting around

Bridgewater's location on the Midland Highway is one of its biggest practical advantages, giving quick road access south to Hobart and north towards Launceston and the Midlands. The Bridgewater Bridge (and its causeway) is the defining piece of local infrastructure, linking the suburb to Granton on the opposite bank and shortening the run into the city considerably compared with the old route.

Public bus services connect Bridgewater to Hobart's CBD and to neighbouring suburbs including Gagebrook, Herdsmans Cove and Brighton, making it a workable option for commuters without a car, though most households rely on driving given the suburb's outer-metropolitan position.

Schools & families

Families in Bridgewater are well served by a cluster of local schools, including JRLF - East Derwent Primary School and JRLF - Senior School, alongside Northern Christian School and St Paul's Catholic School for those seeking a faith-based education. Having both primary and senior options within the suburb, plus alternatives just a short drive away, makes Bridgewater a reasonably self-contained choice for families with school-age children.

Parks & recreation

The Derwent River frontage is Bridgewater's biggest natural asset, offering informal recreation space for walking, fishing and simply taking in the water views that the suburb is built around. Its position at the narrowing of the river, flanked by Granton on the other side, also makes it a natural spot for anglers and those who enjoy riverside walks away from the busier southern suburbs of Hobart.

Housing & architecture

Housing in Bridgewater is dominated by modest, older-style detached homes, with houses making up half of current listings, land parcels accounting for 19 percent, and a smaller share of apartments, units and townhouses rounding out the mix. This blend suits both owner-occupiers after a standalone home and buyers or builders looking at vacant land, reflecting the suburb's semi-established, still-developing character.

The property market

Bridgewater's affordability is a key drawcard: the median house price sits at $525,000 and units at $429,000, both well below Hobart's inner-suburban benchmarks, while median rent of $480 a week points to solid rental demand relative to purchase price. House values have climbed sharply, up 26.5 percent recently, signalling strong buyer interest in the suburb's value proposition.

With neighbouring suburbs such as Honeywood, Gagebrook, Herdsmans Cove and Granton offering a similarly accessible price point, Bridgewater forms part of a broader affordable corridor on Hobart's northern fringe — one that continues to draw first-home buyers and investors chasing growth and yield rather than prestige.

Market snapshot

Bridgewater property market

Median price ranks #3,345 of 3,797 suburbs · pricier than 12%
Type

Median sale price

$525k

House · 3 bed

Median rent

$480

per week

Gross rental yield

4.8%

annual rent ÷ sale price

Typical price range

Entry

$421k

Median

$525k

Premium

$637k

Days on market

15

Auction clearance

0%

Sold this year

34

Median sold price trend · House 3 bed

Compound growth +3.6% / yr over 4 yrs

Property types on market

Share of current listings in Bridgewater by dwelling type.

House50%
Apartment / Unit29%
Land18%
Townhouse4%

Who lives here

Demographics

ABS Census 2021 figures for Bridgewater, TAS 7030.

Population

4,592

residents (2021)

Median age

31

years

Household income

$944

median, per week

Median rent

$260

per week

Median mortgage

$1,083

per month

Mortgage / income

26%

comfortable

Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.

Education

Schools in Bridgewater

Government school catchment

JRLF - East Derwent Primary School

K-6CoEdGovernment
Visit school website →

JRLF - Senior School

7-12CoEdGovernment
Visit school website →

Independent & Catholic schools

Northern Christian School

Prep-6CoEdPrivate
Visit school website →

St Paul's Catholic School

Prep-6CoEdCatholic
Visit school website →

Recent results

Recently sold in Bridgewater

$370k

2/30 Cowle Road

apartment2 bd · 1 ba · 1 car

Sold ~July 2026

$610k

1 Old Main Road

house3 bd · 1 ba · 4 car

Sold ~July 2026

$750k

5 Wallace Street

house3 bd · 1 ba · 4 car

Sold ~July 2026

$620k

12 Croydon Place

house3 bd · 1 ba · 4 car

Sold ~July 2026

$485k

2/19-21 Maxwell Drive

apartment3 bd · 2 car

Sold ~June 2026

$425k

21 Waters Loop

house2 bd · 1 ba · 2 car

Sold ~June 2026

Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.

Explore the area

Properties & amenities in Bridgewater

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Compare the area

Price map around Bridgewater

Every listing for sale near Bridgewater, coloured by price — so you can see how it stacks up against the streets and suburbs next door.

CheaperPricier
BridgewaterNearby suburbs

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Common questions

Bridgewater suburb FAQ

What is the median property price in Bridgewater?

The median house price in Bridgewater, TAS is $525k for a 3-bedroom home. Over the past year, median sold prices have risen about 26.5%.

How much is rent in Bridgewater?

The median weekly rent in Bridgewater is around $480 per week.

Is Bridgewater a good place to live?

Bridgewater is a northern suburb of Hobart, Tasmania, Australia, 19 kilometres from the central business district. Bridgewater is an established residential suburb in TAS, with a population of around 4,592 and 4 schools in the area.

What is the population of Bridgewater?

Bridgewater has a population of 4,592 (ABS 2021 Census), with a median age of 31.

What schools are in Bridgewater?

There are 4 schools in or near Bridgewater, including JRLF - East Derwent Primary School, Northern Christian School and St Paul's Catholic School.

How long do homes take to sell in Bridgewater?

Properties in Bridgewater take around 15 days to sell on average, with an auction clearance rate of about 0%.

How much do you need to buy in Bridgewater?

Entry-level properties in Bridgewater start around $421k, while premium homes reach $637k.

What suburbs are near Bridgewater?

Suburbs near Bridgewater include Honeywood, Gagebrook, Herdsmans Cove, Granton and Brighton.

Available now

Properties in Bridgewater

View all listings →
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NewFor Sale
$650,000
house

Value, Views & Viable Investment

19 Warruga Street, Bridgewater TAS 7030
314658 m²
Petrusma Property Sandy BayYesterday
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NewFor Sale
$465,000
apartment

Ideal Investment or First Home

10/106 Gunn Street, Bridgewater TAS 7030
211279 m²
Stone Real Estate Southern TasmaniaYesterday
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For Sale
Auction
land

Ready, Set, Build.

48 Old Main Road, Bridgewater TAS 7030
780 m²
Howell Property Group3 weeks ago
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For Sale
$360,000
apartment

Perfect for First Home Buyer or Investor.

2/6 Barton Crescent, Bridgewater TAS 7030
211225 m²
Harcourts Signature Northern Suburbs1 week ago
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For Sale
$525,000
house

Convenience and Value in a Popular Area

42 Walker Crescent, Bridgewater TAS 7030
313948 m²
4one4 Property Co.4 weeks ago
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For Sale
$575,000
house

Bridgewater - Big Home, Big Views, Big Opportunity

15 Eddington Street, Bridgewater TAS 7030
413603 m²
LJ Hooker Pinnacle Property2 weeks ago
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For Sale
$490,000
house

Low-Maintenance Living in Bridgewater

14 Beatrice Place, Bridgewater TAS 7030
312454 m²
PRD Real Estate Hobart1 month ago
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For Sale
$175,000
land

Second Chance: Affordable Land in Bridgewater!

6 Jordan Place, Bridgewater TAS 7030
701 m²
4one4 Property Co.1 month ago
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For Sale
$429,000
apartment

Second Chance: Affordable Unit with Views

1/1a Sorell Street, Bridgewater TAS 7030
312143 m²
4one4 Property Co.1 month ago
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For Sale
$365,000
apartment

Welcome to your next chapter in comfortable townhouse living!

1/17 Reynolds Way, Bridgewater TAS 7030
2116 ha
4one4 Property Co.3 months ago
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NewFor Sale
$395,000
apartment

Beauty Awaits!!!

11/14 Sorell Street, Bridgewater TAS 7030
211186 m²
4one4 Property Co.2 days ago
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For Sale
$365,000
apartment

Welcome to your next chapter in comfortable townhouse living!

2/17 Reynolds Way, Bridgewater TAS 7030
211120 m²
4one4 Property Co.3 months ago
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