Suburb Profile Report for Berridale NSW (2628)

Berridale House: Median price $316,000, Annual capital growth 5.86%, Number of sales 30, Weekly median advertised rent $355

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

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Giving property investors a a solid capital gain of 11.29% for the last year, Berridale, 2628 is the 539th highest performer in Australia in this respect.

A 33.05% growth in median value for property investors in Berridale,2628 puts this suburb at number 1260th in terms of best performing suburbs in NSW

Property investors looking for a bargain in Berridale should be aiming for at least -5.06% off the asking price, which is the average vendor discount being achieved at the moment.

With the median price for a house in Berridale being $316000 and the advertised rent reaching $355 the gross rental yield for property investors calculates out to be 5.84%

Metrics i HOUSE UNIT
$316,000 N/A
-4.24% N/A
11.29% N/A
5.86% N/A
$355 N/A
30 N/A
5.84% N/A
92.45 N/A

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 1588
Median household income ($/weekly) 973
Median age of persons 43
Median housing loan repayment ($/monthly) 1270
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 237 14.9
    25-34 years 145 9.1
    35-44 years 198 12.5
    45-54 years 266 16.8
    55-64 years 231 14.5
    Others 511 32.2
    Age Group
    Census Count Percent(%)
    Registered Married 566 51.3
    Not Married 398 36.1
    Defacto Relationship 140 12.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 1335 87.5
    Greece 19 1.2
    Papua New Guinea 12 0.8
    United Kingdom 74 4.9
    Other 37 2.4
    Others 48 3.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 12 0.8
    Christianity 1087 75.3
    Hinduism 3 0.2
    Other Religious Groups 8 0.6
    No Religion 328 22.7
    Others 6 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 63 11.5
    $600-$799 60 11.0
    $800-$999 67 12.3
    $1,000-$1,249 58 10.6
    $1,500-$1,999 64 11.7
    Others 234 42.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 511 42.4
    Not in the labour force 390 32.4
    Employed, worked part-time 245 20.3
    Employed, away from work 39 3.2
    Unemployed, looking for work 19 1.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 163 20.4
    Professionals 100 12.5
    Technicians & trades workers 153 19.1
    Clerical & administrative workers 87 10.9
    Labourers 87 10.9
    Others 209 26.2
    Occupation
    Census Count Percent(%)
    Pre-school 33 8.9
    Infants/Primary 141 38.1
    Secondary 114 30.8
    Technical or Further Educational Institution 40 10.8
    University or other Tertiary Institutions 23 6.2
    Others 19 5.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1197 81.5
    Semi-detached, row or terrace house, townhouse 199 13.6
    Flat, unit or apartment 42 2.9
    Caravan, cabin, houseboat 18 1.2
    House or flat attached to a shop, office 12 0.8
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 259 43.9
    Being purchased 186 31.5
    Rented 142 24.1
    Other tenure type 3 0.5
    Tenure Type
Census 2011, ABS
Chart Table