Property investors who have had real estate in Berkeley, 2506 should be 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 24.38%
While Berkeley,2506 ranked number 254th in NSW for increase in median house value (annualised) increase, it is ranked 275th over the last 5 years.
Property investors looking for a bargain in Berkeley should be aiming for at least -4.18% off the asking price, which is the average vendor discount being achieved at the moment.
At number 163 in a list of fastest selling suburbs, Berkeley is in the TOP 10% of suburbs in Australia with an average of days on market 34.28 for properties listed there.