Suburb Profile Report for Berkeley Vale NSW (2261)

Berkeley Vale House: Median price $575,000, Annual capital growth 6.97%, Number of sales 194, Weekly median advertised rent $443

Berkeley Vale Unit: Median price $370,000, Annual capital growth 6.09%, Number of sales 35, Weekly median advertised rent $310

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

Source: CoreLogic

  • House Report
  • Unit Report

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.

Metrics i HOUSE UNIT
$575,000 $370,000
3.46% 6.02%
12.20% 20.52%
6.97% 6.09%
$443 $310
194 35
4.00% 4.36%
44.47 57.09

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
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Demographics
Total population 8486
Median household income ($/weekly) 1135
Median age of persons 36
Median housing loan repayment ($/monthly) 1800
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 1259 14.8
    25-34 years 1036 12.2
    35-44 years 1119 13.2
    45-54 years 1163 13.7
    55-64 years 905 10.7
    Others 3005 35.4
    Age Group
    Census Count Percent(%)
    Registered Married 2848 47.1
    Not Married 2585 42.7
    Defacto Relationship 615 10.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 7326 89.5
    Greece 29 0.4
    Papua New Guinea 148 1.8
    United Kingdom 375 4.6
    Other 96 1.2
    Others 211 2.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 58 0.7
    Christianity 6061 76.8
    Islam 18 0.2
    Other Religious Groups 26 0.3
    No Religion 1704 21.6
    Others 20 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 345 12.9
    $600-$799 275 10.2
    $1,000-$1,249 267 9.9
    $1,500-$1,999 396 14.8
    $2,000-$2,499 278 10.4
    Others 1123 41.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2340 36.9
    Not in the labour force 2211 34.9
    Employed, worked part-time 1314 20.7
    Unemployed, looking for work 251 4.0
    Employed, away from work 222 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 536 13.8
    Technicians & trades workers 715 18.4
    Community & personal service workers 472 12.2
    Clerical & administrative workers 557 14.4
    Sales 466 12.0
    Others 1133 29.2
    Occupation
    Census Count Percent(%)
    Pre-school 216 10.0
    Infants/Primary 809 37.4
    Secondary 627 29.0
    Technical or Further Educational Institution 213 9.8
    University or other Tertiary Institutions 246 11.4
    Others 54 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7504 93.4
    Flat, unit or apartment 266 3.3
    Semi-detached, row or terrace house, townhouse 247 3.1
    House or flat attached to a shop, office 16 0.2
    Caravan, cabin, houseboat 3 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1314 45.1
    Fully owned 939 32.2
    Rented 650 22.3
    Other tenure type 10 0.3
    Tenure Type
Census 2011, ABS
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