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