If you compare the increase in value of investment property in Berkeley Vale, 2261 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 12.20%.
A 79.69% growth in median value for property investors in Berkeley Vale,2261 puts this suburb at number 456th in terms of best performing suburbs in NSW
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.24% offered to property buyers. Sellers in Berkeley Vale itself are offering an average vendor discount of -3.60% to real estate investors.
With the median price for a house in Berkeley Vale being $575000 and the advertised rent reaching $442.5 the gross rental yield for property investors calculates out to be 4.00%
At number 160th in the list of Australian suburbs ordered by increase in median house value over the last year, Berkeley Vale, 2261 is in the top 10% with a property value increase of 20.52% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Berkeley Vale,2261 has racked up an average of 20.52% over the period. This ranks it number 20th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Berkeley Vale is giving property investors an average Vendor Discount of around -4.86%. This puts suburb at number 77th in NSW when ranking the most discounted suburbs.
On average over the past year, suburb has had 2.92 sales per month, which equates to 35 per year.