Giving property investors a an average capital gain of 8.15% for the last year, Berkeley Vale, 2261 is the 1683th highest performer in Australia in this respect.
Berkeley Vale,2261 was ranked 2270 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 -5.35. This rate of discount on properties puts Suburb at number 797th in terms of most discounted suburbs in NSW
Situated 61.15km from the CBD, Berkeley Vale is one of Wyong localities in the postcode 2261.
If you compare the increase in value of investment property in Berkeley Vale, 2261 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 46.03%.
If we look at median property appreciation over just the last three months, Berkeley Vale has given property investors a paper return of 13.13%. This puts Suburb as 24 on a list of fastest fasting appreciating suburbs in NSW
Our latest figures would indicate that property sellers in Berkeley Vale are currently offering property investors an average price cut of -3.52% below the asking price at the moment.
At number 531 in a list of fastest selling suburbs, Berkeley Vale is in the TOP 40% of suburbs in Australia with an average of days on market 65.21 for properties listed there.