Suburb Profile Report for Berowra Heights NSW (2082)

Berowra Heights House: Median price $990,000, Annual capital growth 7.85%, Number of sales 64, Weekly median advertised rent $595

Berowra Heights Unit: Median price $775,000, Annual capital growth N/A, Number of sales 11, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

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.

Metrics i HOUSE UNIT
$990,000 $775,000
9.36% 1.64%
6.45% N/A
7.85% N/A
$595 N/A
64 11
3.13% N/A
64.22 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 5104
Median household income ($/weekly) 1885
Median age of persons 38
Median housing loan repayment ($/monthly) 2232
Average household size 3
  • Census Count Percent(%)
    5-14 years 810 15.9
    25-34 years 482 9.4
    35-44 years 855 16.8
    45-54 years 762 14.9
    55-64 years 695 13.6
    Others 1500 29.4
    Age Group
    Census Count Percent(%)
    Registered Married 2280 61.7
    Not Married 1139 30.8
    Defacto Relationship 277 7.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 4036 81.4
    Papua New Guinea 82 1.7
    South Africa 48 1.0
    United Kingdom 415 8.4
    Other 111 2.2
    Others 269 5.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 34 0.7
    Christianity 3437 71.8
    Islam 17 0.4
    Judaism 15 0.3
    No Religion 1265 26.4
    Others 22 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 232 15.3
    $2,000-$2,499 181 12.0
    $2,500-$2,999 195 12.9
    $3,000-$3,499 158 10.4
    $4,000 or more 109 7.2
    Others 639 42.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1691 44.5
    Not in the labour force 995 26.2
    Employed, worked part-time 878 23.1
    Employed, away from work 149 3.9
    Unemployed, looking for work 89 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 361 13.3
    Professionals 724 26.7
    Technicians & trades workers 410 15.1
    Community & personal service workers 228 8.4
    Clerical & administrative workers 494 18.2
    Others 499 18.4
    Occupation
    Census Count Percent(%)
    Pre-school 138 9.9
    Infants/Primary 552 39.7
    Secondary 361 26.0
    Technical or Further Educational Institution 108 7.8
    University or other Tertiary Institutions 200 14.4
    Others 32 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4875 99.3
    Semi-detached, row or terrace house, townhouse 26 0.5
    Flat, unit or apartment 10 0.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 839 50.8
    Fully owned 670 40.6
    Rented 140 8.5
    Other tenure type 3 0.2
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals