Suburb Profile Report for Berridale NSW (2628)

Berridale House: Median price $221,250, Annual capital growth 1.81%, Number of sales 36, Weekly median advertised rent $240

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

Source: CoreLogic

  • House Report

With a capital gain of 5.36% for the last 12 months, Berridale, 2628 has performed for property investments than its average annual 1.81% property growth over the last 5 years.

Berridale,2628 has offered an average of 5.36% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Berridale is giving property investors an average Vendor Discount of around -7.06%. This puts suburb at number 236th in NSW when ranking the most discounted suburbs.

Residents and property investors in Berridale have been waiting around 131.42 days to sell a property.

A $240 per week rent on the median house gives suburb investors a gross yield of circa 5.64%, without taking into account capital value appreciation, which has been averaging out at 1.81%.

Metrics i HOUSE UNIT
$221,250 N/A
7.93% N/A
5.36% N/A
1.81% N/A
$240 N/A
36 N/A
5.64% N/A
131.42 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
Find a mortgage broker in Berridale NSW
Demographics
Total population 1588
Median household income ($/weekly) 973
Median age of persons 43
Median housing loan repayment ($/monthly) 1270
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 237 14.9
    25-34 years 145 9.1
    35-44 years 198 12.5
    45-54 years 266 16.8
    55-64 years 231 14.5
    Others 511 32.2
    Age Group
    Census Count Percent(%)
    Registered Married 566 51.3
    Not Married 398 36.1
    Defacto Relationship 140 12.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 1335 87.5
    Greece 19 1.2
    Papua New Guinea 12 0.8
    United Kingdom 74 4.9
    Other 37 2.4
    Others 48 3.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 12 0.8
    Christianity 1087 75.3
    Hinduism 3 0.2
    Other Religious Groups 8 0.6
    No Religion 328 22.7
    Others 6 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 63 11.5
    $600-$799 60 11.0
    $800-$999 67 12.3
    $1,000-$1,249 58 10.6
    $1,500-$1,999 64 11.7
    Others 234 42.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 511 42.4
    Not in the labour force 390 32.4
    Employed, worked part-time 245 20.3
    Employed, away from work 39 3.2
    Unemployed, looking for work 19 1.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 163 20.4
    Professionals 100 12.5
    Technicians & trades workers 153 19.1
    Clerical & administrative workers 87 10.9
    Labourers 87 10.9
    Others 209 26.2
    Occupation
    Census Count Percent(%)
    Pre-school 33 8.9
    Infants/Primary 141 38.1
    Secondary 114 30.8
    Technical or Further Educational Institution 40 10.8
    University or other Tertiary Institutions 23 6.2
    Others 19 5.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1197 81.5
    Semi-detached, row or terrace house, townhouse 199 13.6
    Flat, unit or apartment 42 2.9
    Caravan, cabin, houseboat 18 1.2
    House or flat attached to a shop, office 12 0.8
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 259 43.9
    Being purchased 186 31.5
    Rented 142 24.1
    Other tenure type 3 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals