At number 1698th in the list of Australian suburbs ordered by increase in median house value over the last year, Berri, 5343 is in the top half with a property value increase of 7.27% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Berri comes in at number 348th in SA.
Property investors looking for a bargain in Berri should be aiming for at least -7.42% off the asking price, which is the average vendor discount being achieved at the moment.
Advertised rents are around the $260 mark per week – giving a return of 7.64% based on the median price in Suburb
With a capital gain of 5.56% for the last 12 months, Berri, 5343 has performed for property investments than its average annual -5.51% property growth over the last 5 years.
Property buyers and investors in Berri 5343 should be seeing an average reduction in asking price of around -6.61% . This means that Berri is holding prices well when compared to other suburbs in SA.