If you compare the increase in value of investment property in Berwick, 3806 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 8.51%.
The five-year average increase in median property values for Berwick,3806 has given property investors a potential capital gain of 32.58% across each of those five years.
Berwick3806 is located in VIC which offers an average discount of -6.00% to property investors. Berwick itself is showing figures that indicate -3.76% is the average achievable by property buyers investing in the suburb.
Advertised rents are around the $395 mark per week – giving a return of 3.48% based on the median price in Suburb
Berwick, 3806 ranked 209th in VIC when comparing growth in median property values or capital gain over the last 12 months. Berwick is one of 2098 in our list for VIC
Berwick,3806 was ranked 318 in Australia by increase in median property value over the quarter.
Property buyers and investors in Berwick 3806 should be seeing an average reduction in asking price of around -4.25% . This means that Berwick is holding prices well when compared to other suburbs in VIC.