Investment property in Berry has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -25.00%
Taking the average capital gain, or increase in median house value, Berry,2535 has racked up an average of -25.00% over the period. This ranks it number 1201th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Berry should be aiming for at least -7.66% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Berry the average time real estate has been on the market is 141.974 days.
Situated 111.51km from the CBD, Berry is one of Shoalhaven (C) localities in the postcode 2535.
A $430 per week rent on the median house gives suburb investors a gross yield of circa 2.72%, without taking into account capital value appreciation, which has been averaging out at -21.55%.