Suburb Profile Report for Berowra NSW (2081)

Berowra House: Median price $1,060,000, Annual capital growth 7.49%, Number of sales 45, Weekly median advertised rent $650

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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  • House Report

If you compare the increase in value of investment property in Berowra, 2081 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -7.02%.

While Berowra,2081 ranked number 968th in NSW for increase in median house value (annualised) increase, it is ranked 415th over the last 5 years.

The most recent median price for Berowra is $1060000, with sellers offering an average of -8.50% off the asking price.

Residents and property investors in Berowra have been waiting around 93.6571 days to sell a property.

The NSW suburb of Berowra, 2081 is in the Hornsby (A) local government area.

YIP MAG Information supplied by:

YIP MAG
July 2015

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Located at the northern fringe of Sydney, Berowra was once considered Sydney’s backwater, but that has changed rapidly during the past couple of years.

Priced out families discovered this quiet and friendly suburb and before you know it, the suburb has become one of the most sought-after areas to buy a home.

Situated about 27km north of Sydney and about 20 minutes’ drive from Hornsby CBD, Berowra remains a friendly suburb with a strong community spirit.

As such, it’s considered a relatively safe suburb.

Property prices have shot up during the past 24 months, and there’s barely any stock to buy.

According to the latest data from Real Estate Investar, stock on market plunged by 63% during the 12 months ending March 2015.

At the time of writing, there were only four properties advertised for sale.
 
Metrics i HOUSE UNIT
$1,060,000 N/A
-3.20% N/A
-7.02% N/A
7.49% N/A
$650 N/A
45 N/A
3.19% N/A
93.6571428571429 N/A

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 4622
Median household income ($/weekly) 2091
Median age of persons 38
Median housing loan repayment ($/monthly) 2500
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 754 16.3
    25-34 years 379 8.2
    35-44 years 746 16.1
    45-54 years 820 17.7
    55-64 years 505 10.9
    Others 1420 30.7
    Age Group
    Census Count Percent(%)
    Registered Married 2049 62.6
    Not Married 1031 31.5
    Defacto Relationship 191 5.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 3452 76.8
    Papua New Guinea 81 1.8
    Philippines 41 0.9
    United Kingdom 412 9.2
    Other 161 3.6
    Others 348 7.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 47 1.1
    Christianity 3125 72.0
    Hinduism 40 0.9
    Islam 42 1.0
    No Religion 1040 24.0
    Others 46 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 152 11.7
    $2,000-$2,499 142 10.9
    $2,500-$2,999 212 16.3
    $3,000-$3,499 144 11.1
    $4,000 or more 114 8.8
    Others 537 41.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1469 42.9
    Not in the labour force 920 26.9
    Employed, worked part-time 820 24.0
    Employed, away from work 131 3.8
    Unemployed, looking for work 82 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 351 14.5
    Professionals 684 28.3
    Technicians & trades workers 289 12.0
    Community & personal service workers 230 9.5
    Clerical & administrative workers 428 17.7
    Others 435 18.0
    Occupation
    Census Count Percent(%)
    Pre-school 133 9.6
    Infants/Primary 511 36.8
    Secondary 388 27.9
    Technical or Further Educational Institution 101 7.3
    University or other Tertiary Institutions 220 15.8
    Others 37 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4241 96.6
    Semi-detached, row or terrace house, townhouse 100 2.3
    Flat, unit or apartment 42 1.0
    House or flat attached to a shop, office 9 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 766 53.5
    Fully owned 498 34.8
    Rented 164 11.5
    Other tenure type 4 0.3
    Tenure Type
Census 2011, ABS
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