Suburb Profile Report for Berala NSW (2141)

Berala House: Median price $895,000, Annual capital growth 8.53%, Number of sales 42, Weekly median advertised rent $500

Berala Unit: Median price $505,500, Annual capital growth 7.62%, Number of sales 44, Weekly median advertised rent $390

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 1.70% for the last 12 months, Berala, 2141 has performed for property investments than its average annual 8.53% property growth over the last 5 years.

Berala,2141 has offered an average of 1.70% return per annum in house price rises to property investors over the last three years.

The most recent median price for Berala is $895000, with sellers offering an average of -5.42% off the asking price.

At number 1736 in a list of fastest selling suburbs, Berala is just in the top half of suburbs in Australia with an average of days on market 78.92 for properties listed there.

Situated 16.28km from the CBD, Berala is one of Auburn localities in the postcode 2141.

Berala has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 1.10% to date .

Taking the average capital gain, or increase in median house value, Berala,2141 has racked up an average of 1.10% over the period. This ranks it number 135th in the whole country for real estate investors looking at median house price increases.

Our latest figures would indicate that property sellers in Berala are currently offering property investors an average price cut of -4.94% below the asking price at the moment.

Advertised rents are around the $390 mark per week – giving a return of 4.01% based on the median price in Suburb

HOUSE UNIT
$895,000 $505,500
2.87% -2.79%
1.70% 1.10%
8.53% 7.62%
$500 $390
42 44
2.91% 4.01%
78.92 45.81

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 8798
Median household income ($/weekly) 1012
Median age of persons 33
Median housing loan repayment ($/monthly) 1755
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 1159 13.2
    25-34 years 1421 16.1
    35-44 years 1095 12.4
    45-54 years 1233 14.0
    55-64 years 955 10.9
    Others 2936 33.4
    Age Group
    Census Count Percent(%)
    Registered Married 3370 51.0
    Not Married 3016 45.6
    Defacto Relationship 226 3.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 3458 41.7
    Croatia 1131 13.6
    Philippines 202 2.4
    Viet Nam 792 9.6
    Other 1015 12.2
    Others 1691 20.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 1411 17.3
    Christianity 3514 43.0
    Hinduism 316 3.9
    Islam 1473 18.0
    No Religion 1360 16.7
    Others 92 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 293 12.1
    $600-$799 268 11.1
    $800-$999 251 10.4
    $1,000-$1,249 241 10.0
    $1,500-$1,999 282 11.7
    Others 1079 44.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2858 43.3
    Employed, worked full-time 2172 32.9
    Employed, worked part-time 981 14.9
    Unemployed, looking for work 368 5.6
    Employed, away from work 226 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 605 17.9
    Technicians & trades workers 563 16.7
    Clerical & administrative workers 515 15.3
    Machinery operators & drivers 322 9.5
    Labourers 514 15.2
    Others 856 25.4
    Occupation
    Census Count Percent(%)
    Pre-school 131 5.6
    Infants/Primary 671 28.9
    Secondary 640 27.6
    Technical or Further Educational Institution 281 12.1
    University or other Tertiary Institutions 467 20.1
    Others 131 5.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5134 61.0
    Flat, unit or apartment 1902 22.6
    Semi-detached, row or terrace house, townhouse 1378 16.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 984 37.5
    Fully owned 914 34.8
    Being purchased 715 27.2
    Other tenure type 12 0.5
    Tenure Type
Census 2011, ABS
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