Magnetic garnet thin films exhibiting perpendicular magnetic anisotropy (PMA) and ultra-low damping have recently been explored for applications in magnonics and spintronics. Here, we present a systematic study of PMA and magnetic damping in bismuth-substituted yttrium iron garnet (Bi-YIG) films grown on sGGG (111) substrates by pulsed laser deposition. Films with thicknesses ranging from 5 to 160 nm are investigated. Structural characterization using x-ray diffraction and reciprocal space mapping demonstrates the pseudomorphic growth of the films. The films exhibit perpendicular magnetic anisotropy up to 160 nm thickness, with the zero-magnetic field state changing from fully saturated for low thicknesses to a dense magnetic stripe pattern for thicker films. The films show a ferromagnetic resonance (FMR) linewidth of 100–200 MHz with a Gilbert damping constant of the order of 4×10−3. The broad FMR linewidth is caused by inhomogeneities of magnetic properties on micrometer length scales.