Berala is in the bottom 30% in NSW when comparing median price capital growth over the last year. Berala gave property investors a disappointing capital gain figure when compared to the rest of the state, with 2.87%.
A 72.12% growth in median value for property investors in Berala,2141 puts this suburb at number 768th in terms of best performing suburbs in NSW
The most recent median price for Berala is $895000, with sellers offering an average of -5.98% off the asking price.
In the last year 49 properties changed hands in Berala, which puts it as the 660th most active market in NSW when comparing the number of sales per suburb.
Advertised rents are around the $495 mark per week – giving a return of 2.88% based on the median price in Suburb
NSW has seen average median house prices change by 5.73% which means that Berala, 2141 has done well for property investors by showing a capital gain of 7.78% over the last year
While Berala,2141 ranked number 51th in NSW for increase in median house value (annualised) increase, it is ranked 66th over the last 5 years.
The most recent median price for Berala is $540000, with sellers offering an average of -5.70% off the asking price.
With the median price for a house in Berala being $540000 and the advertised rent reaching $385 the gross rental yield for property investors calculates out to be 3.71%