Suburb Profile Report for Berkeley Vale NSW (2261)

Berkeley Vale House: Median price $540,775, Annual capital growth 6.27%, Number of sales 197, Weekly median advertised rent $440

Berkeley Vale Unit: Median price $349,000, Annual capital growth 5.54%, Number of sales 34, Weekly median advertised rent $315

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

Source: CoreLogic

  • House Report
  • Unit Report

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.

Metrics i HOUSE UNIT
$540,775 $349,000
1.08% 13.13%
8.16% 46.03%
6.27% 5.54%
$440 $315
197 34
4.23% 4.69%
45 65.21

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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