With a capital gain of 7.93% for the last 12 months, Berwick, 3806 has performed for property investments than its average annual 6.75% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Berwick,3806 has racked up an average of 7.93% over the period. This ranks it number 1359th in the whole country for real estate investors looking at median house price increases.
Berwick3806 is located in VIC which offers an average discount of -5.87% to property investors. Berwick itself is showing figures that indicate -3.89% is the average achievable by property buyers investing in the suburb.
Using the current median advertised rental of $395 and the average annual increase in value of a median property of 6.75%, investors should hope to achieve an overall return of 3.43%
Berwick is in the bottom 40% in VIC when comparing median price capital growth over the last year. Berwick gave property investors a disappointing capital gain figure when compared to the rest of the state, with 0.65%.
A 16.89% growth in median value for property investors in Berwick,3806 puts this suburb at number 131th in terms of best performing suburbs in VIC
At number 241th of VIC’s most discounted properties, Berwick is in the TOP 30% of the state/territory when listing in order of most discounted to least.
In the last year 121 properties changed hands in Berwick, which puts it as the 72th most active market in VIC when comparing the number of sales per suburb.
Berwick, 3806’s gross rental yield is 4.25%