Giving property investors a a stable capital gain of 9.81% for the last year, Berwick, 3806 is the 1021th highest performer in Australia in this respect.
Over the longer term, Berwick has seen property prices show investors a 27.91% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Berwick 3806 should be seeing an average reduction in asking price of around -3.77% . This means that Berwick is holding prices well when compared to other suburbs in VIC.
At number 229 in a list of fastest selling suburbs, Berwick is in the TOP 10% of suburbs in Australia with an average of days on market 41.91 for properties listed there.
Situated 41.32km from the CBD, Berwick is one of Casey localities in the postcode 3806.
Giving property investors a an unimpressive capital gain of -4.35% for the last year, Berwick, 3806 is the 1393th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Berwick has given property investors a paper return of 0.06%. This puts Suburb as 189 on a list of fastest fasting appreciating suburbs in VIC
LACK OF BUYER INTEREST may well be the reason that Berwick is offering property investors an average of -5.14. This rate of discount on properties puts Suburb at number 192th in terms of most discounted suburbs in VIC
Often selling an investment property can take time, and in Berwick the average time real estate has been on the market is 67.22 days.
Situated 40.71km from the CBD, Berwick is one of Casey localities in the postcode 3806.