Suburb Profile Report for Berowra NSW (2081)

Berowra House: Median price $1,000,000, Annual capital growth 6.87%, Number of sales 65, Weekly median advertised rent $570

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Expert Report

If you compare the increase in value of investment property in Berowra, 2081 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 8.96%.

Berowra,2081 was ranked 1222 in Australia by increase in median property value over the quarter.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Berowra, 2081. Typically our figures indicate that -4.27% is being offered, which puts this NSW suburb at 2955th most discounted overall in Australia.

With the median price for a house in Berowra being $1000000 and the advertised rent reaching $570 the gross rental yield for property investors calculates out to be 2.96%

YIP MAG Information supplied by:

YIP MAG
July 2015

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Located at the northern fringe of Sydney, Berowra was once considered Sydney’s backwater, but that has changed rapidly during the past couple of years.Full summary Located at the northern fringe of Sydney, Berowra was once considered Sydney’s backwater, but that has changed rapidly during the past couple of years.

Priced out families discovered this quiet and friendly suburb and before you know it, the suburb has become one of the most sought-after areas to buy a home.

Situated about 27km north of Sydney and about 20 minutes’ drive from Hornsby CBD, Berowra remains a friendly suburb with a strong community spirit.

As such, it’s considered a relatively safe suburb.

Property prices have shot up during the past 24 months, and there’s barely any stock to buy.

According to the latest data from Real Estate Investar, stock on market plunged by 63% during the 12 months ending March 2015.

At the time of writing, there were only four properties advertised for sale.
 Close
Metrics i HOUSE UNIT
$1,000,000 N/A
3.63% N/A
8.96% N/A
6.87% N/A
$570 N/A
65 N/A
2.96% N/A
36.86 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 4622
Median household income ($/weekly) 2091
Median age of persons 38
Median housing loan repayment ($/monthly) 2500
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 754 16.3
    25-34 years 379 8.2
    35-44 years 746 16.1
    45-54 years 820 17.7
    55-64 years 505 10.9
    Others 1420 30.7
    Age Group
    Census Count Percent(%)
    Registered Married 2049 62.6
    Not Married 1031 31.5
    Defacto Relationship 191 5.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 3452 76.8
    Papua New Guinea 81 1.8
    Philippines 41 0.9
    United Kingdom 412 9.2
    Other 161 3.6
    Others 348 7.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 47 1.1
    Christianity 3125 72.0
    Hinduism 40 0.9
    Islam 42 1.0
    No Religion 1040 24.0
    Others 46 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 152 11.7
    $2,000-$2,499 142 10.9
    $2,500-$2,999 212 16.3
    $3,000-$3,499 144 11.1
    $4,000 or more 114 8.8
    Others 537 41.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1469 42.9
    Not in the labour force 920 26.9
    Employed, worked part-time 820 24.0
    Employed, away from work 131 3.8
    Unemployed, looking for work 82 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 351 14.5
    Professionals 684 28.3
    Technicians & trades workers 289 12.0
    Community & personal service workers 230 9.5
    Clerical & administrative workers 428 17.7
    Others 435 18.0
    Occupation
    Census Count Percent(%)
    Pre-school 133 9.6
    Infants/Primary 511 36.8
    Secondary 388 27.9
    Technical or Further Educational Institution 101 7.3
    University or other Tertiary Institutions 220 15.8
    Others 37 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4241 96.6
    Semi-detached, row or terrace house, townhouse 100 2.3
    Flat, unit or apartment 42 1.0
    House or flat attached to a shop, office 9 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 766 53.5
    Fully owned 498 34.8
    Rented 164 11.5
    Other tenure type 4 0.3
    Tenure Type
Census 2011, ABS
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Recent sales & rentals