Suburb Profile Report for Berkeley NSW (2506)

Berkeley House: Median price $459,000, Annual capital growth 5.96%, Number of sales 109, Weekly median advertised rent $400

Berkeley Unit: Median price $413,500, Annual capital growth N/A, Number of sales 11, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 7.28% which means that Berkeley, 2506 has done well for property investors by showing a capital gain of 14.75% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Berkeley comes in at number 342th in NSW.

Vendor discounting in Berkeley is giving property investors an average Vendor Discount of around -2.42%. This puts suburb at number 1188th in NSW when ranking the most discounted suburbs.

Berkeley is 316th on a list of best yielding suburbs for rents in NSW with a 4.53% return

The NSW suburb of Berkeley, 2506 is in the Wollongong local government area.

Metrics i HOUSE UNIT
$459,000 $413,500
2.34% N/A
14.75% N/A
5.96% N/A
$400 N/A
109 11
4.53% N/A
39.45 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Very good (H)
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Demographics
Total population 7426
Median household income ($/weekly) 885
Median age of persons 40
Median housing loan repayment ($/monthly) 1621
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 918 12.4
    25-34 years 842 11.3
    35-44 years 906 12.2
    45-54 years 1138 15.3
    55-64 years 854 11.5
    Others 2768 37.3
    Age Group
    Census Count Percent(%)
    Not Married 2650 47.1
    Registered Married 2546 45.3
    Defacto Relationship 428 7.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 5364 76.4
    Germany 198 2.8
    Japan 95 1.4
    United Kingdom 419 6.0
    Other 362 5.2
    Others 587 8.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 132 1.9
    Christianity 5277 76.9
    Islam 309 4.5
    Other Religious Groups 16 0.2
    No Religion 1115 16.2
    Others 14 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 333 13.7
    $400-$599 360 14.8
    $600-$799 224 9.2
    $1,000-$1,249 256 10.5
    $1,500-$1,999 259 10.6
    Others 1002 41.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2628 45.7
    Employed, worked full-time 1740 30.2
    Employed, worked part-time 884 15.4
    Unemployed, looking for work 288 5.0
    Employed, away from work 213 3.7
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 484 17.1
    Community & personal service workers 354 12.5
    Clerical & administrative workers 367 12.9
    Machinery operators & drivers 341 12.0
    Labourers 444 15.7
    Others 844 29.8
    Occupation
    Census Count Percent(%)
    Pre-school 137 8.3
    Infants/Primary 559 33.9
    Secondary 536 32.5
    Technical or Further Educational Institution 197 12.0
    University or other Tertiary Institutions 180 10.9
    Others 39 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6654 93.4
    Semi-detached, row or terrace house, townhouse 309 4.3
    Flat, unit or apartment 151 2.1
    House or flat attached to a shop, office 9 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 956 36.1
    Fully owned 893 33.7
    Being purchased 771 29.1
    Other tenure type 26 1.0
    Tenure Type
Census 2011, ABS
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