Suburb Profile Report for Berkeley NSW (2506)

Berkeley House: Median price $483,000, Annual capital growth 6.93%, Number of sales 113, Weekly median advertised rent $420

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

Source: CoreLogic

  • House Report

Berkeley is in the TOP 20% in NSW when comparing median price capital growth over the last year. Berkeley gave property investors a very good capital gain figure when compared to the rest of the state, with 20.75%.

Taking the average capital gain, or increase in median house value, Berkeley,2506 has racked up an average of 20.75% over the period. This ranks it number 198th in the whole country for real estate investors looking at median house price increases.

The most recent median price for Berkeley is $483000, with sellers offering an average of -3.39% off the asking price.

In the last year 113 properties changed hands in Berkeley, which puts it as the 229th most active market in NSW when comparing the number of sales per suburb.

Situated 72.79km from the CBD, Berkeley is one of Wollongong localities in the postcode 2506.

Metrics i HOUSE UNIT
$483,000 N/A
5.29% N/A
20.75% N/A
6.93% N/A
$420 N/A
113 N/A
4.52% N/A
33.67 N/A

Source: CoreLogic

DSR Score for property investment : Above average (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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