Berwick, 3806 ranked 367th 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
While Berwick,3806 ranked number 347th in VIC for increase in median house value (annualised) increase, it is ranked 292th over the last 5 years.
Berwick3806 is located in VIC which offers an average discount of -5.91% to property investors. Berwick itself is showing figures that indicate -3.65% is the average achievable by property buyers investing in the suburb.
Residents and property investors in Berwick have been waiting around 41.7 days to sell a property.
Investment property in Berwick has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.79%
The five-year average increase in median property values for Berwick,3806 has given property investors a potential capital gain of 16.94% across each of those five years.
The most recent median price for Berwick is $426833, with sellers offering an average of -4.06% off the asking price.
At number 644 in a list of fastest selling suburbs, Berwick is just in the top half of suburbs in Australia with an average of days on market 71.54 for properties listed there.
Berwick is 171th on a list of best yielding suburbs for rents in VIC with a 4.26% return