Suburb Profile Report for Berkeley Vale NSW (2261)

Berkeley Vale House: Median price $540,000, Annual capital growth 6.12%, Number of sales 206, Weekly median advertised rent $430

Berkeley Vale Unit: Median price $322,500, Annual capital growth 4.53%, Number of sales 33, Weekly median advertised rent $315

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

Source: CoreLogic

  • House Report
  • Unit Report

Berkeley Vale is an average performer in NSW when comparing median price capital growth over the last year. Berkeley Vale gave property investors a good capital gain figure when compared to the rest of the state, with 11.34%.

Across a shorter period, Berkeley Vale, 2261 has seen a median price increase of 3.85% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Berkeley Vale is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 620th in terms of most discounted suburbs in NSW

Berkeley Vale is 393th on a list of best yielding suburbs for rents in NSW with a 4.14% return

Investment property in Berkeley Vale has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 36.65%

The five-year average increase in median property values for Berkeley Vale,2261 has given property investors a potential capital gain of 72.00% across each of those five years.

Sellers are offering property buyers an average discount of -3.20% to buyers in Berkeley Vale at the moment, which is less than average for the rest of NSW.

Residents and property investors in Berkeley Vale have been waiting around 67.21 days to sell a property.

Berkeley Vale is 83th on a list of best yielding suburbs for rents in NSW with a 5.08% return

Metrics i HOUSE UNIT
$540,000 $322,500
3.85% 0.39%
11.34% 36.65%
6.12% 4.53%
$430 $315
206 33
4.14% 5.08%
56.5 67.21

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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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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