With a capital gain of -2.48% for the last 12 months, Berkeley Vale, 2261 has performed for property investments than its average annual 6.38% property growth over the last 5 years.
Across a shorter period, Berkeley Vale, 2261 has seen a median price increase of 1.54% over the last quarter.
Vendor discounting in Berkeley Vale is giving property investors an average Vendor Discount of around -5.57%. This puts suburb at number 601th in NSW when ranking the most discounted suburbs.
Residents and property investors in Berkeley Vale have been waiting around 64.8689 days to sell a property.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 4.17%, without taking into account capital value appreciation, which has been averaging out at 6.38%.
Berkeley Vale has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 3.61% to date .
Berkeley Vale,2261 has offered an average of 3.61% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Berkeley Vale should be aiming for at least -5.94% off the asking price, which is the average vendor discount being achieved at the moment.
At number 1125 in a list of fastest selling suburbs, Berkeley Vale is in the bottom 20% of suburbs in Australia with an average of days on market 101.636 for properties listed there.