Suburb Profile Report for Berkeley Vale NSW (2261)

Berkeley Vale House: Median price $560,000, Annual capital growth 6.54%, Number of sales 157, Weekly median advertised rent $450

Berkeley Vale Unit: Median price $310,000, Annual capital growth 5.94%, Number of sales 26, Weekly median advertised rent $305

  • 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.

  • House Report
  • Unit Report

NSW has seen average median house prices change by -4.21% which means that Berkeley Vale, 2261 has not done well for property investors by showing a capital gain of -4.60% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Berkeley Vale comes in at number 564th in NSW.

Property investors looking for a bargain in Berkeley Vale should be aiming for at least -6.73% off the asking price, which is the average vendor discount being achieved at the moment.

Situated 61.97km from the CBD, Berkeley Vale is one of Central Coast (C) (NSW) localities in the postcode 2261.

Over the last year, property investments in Berkeley Vale, 2261 have given investors a capital gain of -16.22%. This compares very badly with the -4.02% for NSW as a whole.

Over the longer term, Berkeley Vale has seen property prices show investors a 24.00% return over the last 3 years. This is worse than over the last 12 months

The most recent median price for Berkeley Vale is $310000, with sellers offering an average of -9.25% off the asking price.

Metrics i HOUSE UNIT
$560,000 $310,000
-0.88% 0.00%
-4.60% -16.22%
6.54% 5.94%
$450 $305
157 26
4.18% 5.12%
65.0909090909091 103.333333333333

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 : Very good (H), Above average (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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