If you compare the increase in value of investment property in Berrara, 2540 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 30.38%.
Over the longer term, Berrara has seen property prices show investors a 51.47% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Berrara is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 875th in terms of most discounted suburbs in NSW
At number 3381 in a list of fastest selling suburbs, Berrara is in the bottom 20% of suburbs in Australia with an average of days on market 128.66 for properties listed there.