Bridgewater
Suburb profile, market snapshot and recent listings for 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 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.
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
Independent & Catholic schools
Recent results
Recently sold in Bridgewater
$370k
2/30 Cowle Road
Sold ~July 2026
$610k
1 Old Main Road
Sold ~July 2026
$750k
5 Wallace Street
Sold ~July 2026
$620k
12 Croydon Place
Sold ~July 2026
$485k
2/19-21 Maxwell Drive
Sold ~June 2026
$425k
21 Waters Loop
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
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.
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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.
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