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Median values are calculated based on data over a 12 month period.

Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government.
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Market Report

Berala has 72 houses available for sale. The median property price for a house is currently 1,250,000 with annual capital growth of 13.64 . There were 60 house sales in the past 12 months. On average, houses spend 30 days on market.

If you're thinking about buying an investment property in Berala, consider that rental yields for houses are currently 2.84 with an average median rent of 650 weekly. Houses have seen 3.73 growth in the past quarter, and 13.64 growth in the past 12 months.

The size of Berala is approximately 2.1 square kilometres. It has 10 parks covering nearly 25.8% of total area. The population of Berala in 2011 was 8,798 people. By 2016 the population was 9,046 showing a population growth of 2.8% in the area during that time. The predominant age group in Berala is 20-29 years.

Households in Berala are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Berala work in a trades occupation. In 2011, 59.8% of the homes in Berala were owner-occupied compared with 55.9% in 2016.

Berala has 54 units available for sale. The median property price for a unit is currently 467,500 with annual capital growth of 17.61 . There were 57 unit sales in the past 12 months. On average, units spend 30 days on market.

If you're thinking about buying an investment property in Berala, consider that rental yields for units are currently 5.05 with an average median rent of 460 weekly. Units have seen -0.27 growth in the past quarter, and 17.61 growth in the past 12 months.

The size of Berala is approximately 2.1 square kilometres. It has 10 parks covering nearly 25.8% of total area. The population of Berala in 2011 was 8,798 people. By 2016 the population was 9,046 showing a population growth of 2.8% in the area during that time. The predominant age group in Berala is 20-29 years.

Households in Berala are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Berala work in a trades occupation. In 2011, 59.8% of the homes in Berala were owner-occupied compared with 55.9% in 2016.

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Key Market Data House Unit
Median price 1,250,000 467,500
Quarterly growth +3.73 -0.27
12-month growth +13.64 +17.61
Average annual growth +7.77 -0.94
Weekly median rent 650 460
Gross rental yield 2.84 5.05
Number of Sales (12m) 60 57
Avg. Days on Market (12m) 30 30
Jump to Market Trends
Key Demographics 2011 2016
Total population 8,798 9,046
Population change (5y) +11.54 +2.80
Median household income (p/w) 1,020 1,326
Household income change (5y) +16.04 +30.00
Median age of persons 34 34
Jump to Demographics Trends
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