With a capital gain of 10.28% for the last 12 months, Berwick, 3806 has performed for property investments than its average annual 6.76% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Berwick has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Berwick should be aiming for at least -3.95% off the asking price, which is the average vendor discount being achieved at the moment.
Berwick is 343th on a list of best yielding suburbs for rents in VIC with a 3.44% return
At number 1251th in the list of Australian suburbs ordered by increase in median house value over the last year, Berwick, 3806 is in the BOTTOM 30% with a property value increase of -2.15% recorded in median house prices.
The five-year average increase in median property values for Berwick,3806 has given property investors a potential capital gain of 13.89% across each of those five years.
Property investors looking for a bargain in Berwick should be aiming for at least -4.89% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Berwick the average time real estate has been on the market is 67.55 days.
Berwick is 154th on a list of best yielding suburbs for rents in VIC with a 4.44% return