Suburb Profile Report for Berkeley NSW (2506)

Berkeley House: Median price $452,000, Annual capital growth 5.59%, Number of sales 103, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report

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%.

HOUSE UNIT
$452,000 N/A
5.12% N/A
14.43% N/A
5.59% N/A
$400 N/A
103 N/A
4.60% N/A
40.92 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
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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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