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 14.43%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Berkeley has increased when compared to the 5 year average annual rate.
At number 1161th of NSW’s most discounted properties, Berkeley is in the TOP 10% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Berkeley the average time real estate has been on the market is 40.92 days.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 4.60%, without taking into account capital value appreciation, which has been averaging out at 5.59%.