Berridale has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -4.87% to date .
Taking the average capital gain, or increase in median house value, Berridale,2628 has racked up an average of -4.87% over the period. This ranks it number 3927th in the whole country for real estate investors looking at median house price increases.
Berridale2628 is located in NSW which offers an average discount of -5.49% to property investors. Berridale itself is showing figures that indicate -8.26% is the average achievable by property buyers investing in the suburb.
At number 3725 in a list of fastest selling suburbs, Berridale is in the bottom 10% of suburbs in Australia with an average of days on market 169.75 for properties listed there.
With the median price for a house in Berridale being $205000 and the advertised rent reaching $235 the gross rental yield for property investors calculates out to be 5.96%