Suburb Profile Report for Berri SA (5343)

Berri House: Median price $186,000, Annual capital growth 3.06%, Number of sales 62, Weekly median advertised rent $260

Berri Unit: Median price $100,000, Annual capital growth -0.31%, Number of sales 35, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Berri have tracked higher than the SA average of 2.79% over the last 12 months.

A 24.94% growth in median value for property investors in Berri,5343 puts this suburb at number 27th in terms of best performing suburbs in SA

The most recent median price for Berri is $186000, with sellers offering an average of -7.18% off the asking price.

On average over the past year, suburb has had 5.17 sales per month, which equates to 62 per year.

Berri, 5343 ranked 48th in SA when comparing growth in median property values or capital gain over the last 12 months. Berri is one of 853 in our list for SA

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Berri has fallen somewhat when compared to the 5 year average annual rate.

The most recent median price for Berri is $100000, with sellers offering an average of -7.27% off the asking price.

Often selling an investment property can take time, and in Berri the average time real estate has been on the market is 136 days.

HOUSE UNIT
$186,000 $100,000
9.41% 15.77%
12.73% 11.11%
3.06% -0.31%
$260 N/A
62 35
7.27% N/A
143.5 136

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 4101
Median household income ($/weekly) 752
Median age of persons 39
Median housing loan repayment ($/monthly) 1083
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 545 13.3
    25-34 years 522 12.7
    35-44 years 501 12.2
    45-54 years 515 12.6
    55-64 years 518 12.6
    Others 1500 36.6
    Age Group
    Census Count Percent(%)
    Not Married 1288 45.0
    Registered Married 1278 44.6
    Defacto Relationship 299 10.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 3369 86.9
    Hong Kong 48 1.2
    Indonesia 37 1.0
    United Kingdom 157 4.0
    Other 54 1.4
    Others 213 5.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 21 0.6
    Christianity 2420 66.5
    Hinduism 12 0.3
    Other Religious Groups 48 1.3
    No Religion 1124 30.9
    Others 13 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 182 11.8
    $400-$599 275 17.9
    $600-$799 220 14.3
    $800-$999 152 9.9
    $1,500-$1,999 150 9.8
    Others 558 36.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1303 43.4
    Employed, worked full-time 928 30.9
    Employed, worked part-time 515 17.1
    Unemployed, looking for work 152 5.1
    Employed, away from work 105 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 265 17.1
    Technicians & trades workers 202 13.0
    Community & personal service workers 195 12.6
    Clerical & administrative workers 192 12.4
    Labourers 283 18.2
    Others 415 26.7
    Occupation
    Census Count Percent(%)
    Pre-school 56 6.6
    Infants/Primary 423 49.7
    Secondary 187 22.0
    Technical or Further Educational Institution 100 11.8
    University or other Tertiary Institutions 53 6.2
    Others 32 3.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3193 85.0
    Semi-detached, row or terrace house, townhouse 310 8.3
    Flat, unit or apartment 232 6.2
    Caravan, cabin, houseboat 22 0.6
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 713 43.8
    Fully owned 473 29.1
    Being purchased 420 25.8
    Other tenure type 20 1.2
    Tenure Type
Census 2011, ABS
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