Suburb Profile Report for Berkeley Vale NSW (2261)

Berkeley Vale House: Median price $560,000, Annual capital growth 6.55%, Number of sales 197, Weekly median advertised rent $440

Berkeley Vale Unit: Median price $349,000, Annual capital growth 6.77%, Number of sales 32, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 1303th in the list of Australian suburbs ordered by increase in median house value over the last year, Berkeley Vale, 2261 is in the top 40% with a property value increase of 11.78% recorded in median house prices.

Berkeley Vale,2261 was ranked 1046 in Australia by increase in median property value over the quarter.

LACK OF BUYER INTEREST may well be the reason that Berkeley Vale is offering property investors an average of -5.22. This rate of discount on properties puts Suburb at number 774th in terms of most discounted suburbs in NSW

Using the current median advertised rental of $440 and the average annual increase in value of a median property of 6.55%, investors should hope to achieve an overall return of 4.09%

With a capital gain of 42.74% for the last 12 months, Berkeley Vale, 2261 has performed for property investments than its average annual 6.77% property growth over the last 5 years.

If we look at median property appreciation over just the last three months, Berkeley Vale has given property investors a paper return of 1.31%. This puts Suburb as 292 on a list of fastest fasting appreciating suburbs in NSW

LACK OF BUYER INTEREST may well be the reason that Berkeley Vale is offering property investors an average of -4.13. This rate of discount on properties puts Suburb at number 48th in terms of most discounted suburbs in NSW

On average over the past year, suburb has had 2.67 sales per month, which equates to 32 per year.

Advertised rents are around the $300 mark per week – giving a return of 4.47% based on the median price in Suburb

Metrics i HOUSE UNIT
$560,000 $349,000
3.56% 1.31%
11.78% 42.74%
6.55% 6.77%
$440 $300
197 32
4.09% 4.47%
41.33 43.23

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
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Demographics
Total population 8486
Median household income ($/weekly) 1135
Median age of persons 36
Median housing loan repayment ($/monthly) 1800
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 1259 14.8
    25-34 years 1036 12.2
    35-44 years 1119 13.2
    45-54 years 1163 13.7
    55-64 years 905 10.7
    Others 3005 35.4
    Age Group
    Census Count Percent(%)
    Registered Married 2848 47.1
    Not Married 2585 42.7
    Defacto Relationship 615 10.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 7326 89.5
    Greece 29 0.4
    Papua New Guinea 148 1.8
    United Kingdom 375 4.6
    Other 96 1.2
    Others 211 2.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 58 0.7
    Christianity 6061 76.8
    Islam 18 0.2
    Other Religious Groups 26 0.3
    No Religion 1704 21.6
    Others 20 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 345 12.9
    $600-$799 275 10.2
    $1,000-$1,249 267 9.9
    $1,500-$1,999 396 14.8
    $2,000-$2,499 278 10.4
    Others 1123 41.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2340 36.9
    Not in the labour force 2211 34.9
    Employed, worked part-time 1314 20.7
    Unemployed, looking for work 251 4.0
    Employed, away from work 222 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 536 13.8
    Technicians & trades workers 715 18.4
    Community & personal service workers 472 12.2
    Clerical & administrative workers 557 14.4
    Sales 466 12.0
    Others 1133 29.2
    Occupation
    Census Count Percent(%)
    Pre-school 216 10.0
    Infants/Primary 809 37.4
    Secondary 627 29.0
    Technical or Further Educational Institution 213 9.8
    University or other Tertiary Institutions 246 11.4
    Others 54 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7504 93.4
    Flat, unit or apartment 266 3.3
    Semi-detached, row or terrace house, townhouse 247 3.1
    House or flat attached to a shop, office 16 0.2
    Caravan, cabin, houseboat 3 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1314 45.1
    Fully owned 939 32.2
    Rented 650 22.3
    Other tenure type 10 0.3
    Tenure Type
Census 2011, ABS
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Recent sales & rentals