Suburb Profile Report for Berkeley Vale NSW (2261)

Berkeley Vale House: Median price $536,000, Annual capital growth 6.10%, Number of sales 202, Weekly median advertised rent $433

Berkeley Vale Unit: Median price $349,000, Annual capital growth 5.61%, Number of sales 32, Weekly median advertised rent $330

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Berkeley Vale, 2261 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 8.58%

While Berkeley Vale,2261 ranked number 970th in NSW for increase in median house value (annualised) increase, it is ranked 465th over the last 5 years.

Vendor discounting in Berkeley Vale is giving property investors an average Vendor Discount of around -4.42%. This puts suburb at number 776th in NSW when ranking the most discounted suburbs.

Property investors should expect to get $432.5 weekly from the median priced house in this suburb.

With a capital gain of 42.74% for the last 12 months, Berkeley Vale, 2261 has performed for property investments than its average annual 5.61% property growth over the last 5 years.

When looking at the potential capital gains offered to property investors over the last 3 years, Berkeley Vale comes in at number 129th in NSW.

Property buyers and investors in Berkeley Vale 2261 should be seeing an average reduction in asking price of around -3.20% . This means that Berkeley Vale is holding prices well when compared to other suburbs in NSW.

Renters in Suburb are facing rents around $3960 per annum or $330 every week.

Metrics i HOUSE UNIT
$536,000 $349,000
1.13% 4.18%
8.58% 42.74%
6.10% 5.61%
$433 $330
202 32
4.20% 4.92%
49.25 67.21

Source: CoreLogic

DSR Score for property investment : 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