Property value increases in Berowra Heights have tracked just lower than the NSW average of 9.05% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Berowra Heights has increased when compared to the 5 year average annual rate.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.45% offered to property buyers. Sellers in Berowra Heights itself are offering an average vendor discount of -5.45% to real estate investors.
On average over the past year, suburb has had 5.33 sales per month, which equates to 64 per year.
Using the current median advertised rental of $595 and the average annual increase in value of a median property of 7.85%, investors should hope to achieve an overall return of 3.13%
Berowra Heights,2082 was ranked 675 in Australia by increase in median property value over the quarter.
On average over the past year, suburb has had 0.92 sales per month, which equates to 11 per year.