Hover over Tap a data point to see when it was last updated.

Median values are calculated based on data over a 12 month period.

Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government.
About this data  

Market Report

Berala has 55 properties available for sale. The median property price for a house is currently 1,220,000 with annual capital growth of 24.49 . There were 57 house sales in the past 12 months. On average, houses spend 28 days on market.

If you're thinking about buying an investment property in Berala, consider that rental yields for houses are currently 2.35 with an average median rent of 480 weekly. Houses have seen 12.81 growth in the past quarter, and 24.49 growth in the past 12 months.

The size of Berala is approximately 2.1 square kilometres. It has 3 parks covering nearly 3.5% of total area. The population of Berala in 2011 was 8,798 people. By 2016 the population was 9,046 showing a population growth of 2.8% in the area during that time. The predominant age group in Berala is 20-29 years.

Households in Berala are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Berala work in a trades occupation. In 2011, 59.8% of the homes in Berala were owner-occupied compared with 55.9% in 2016.

Berala has 34 properties available for sale. The median property price for a unit is currently 494,000 with annual capital growth of 12.27 . There were 26 unit sales in the past 12 months. On average, units spend 47 days on market.

If you're thinking about buying an investment property in Berala, consider that rental yields for units are currently 4.15 with an average median rent of 350 weekly. Units have seen -8.43 growth in the past quarter, and 12.27 growth in the past 12 months.

The size of Berala is approximately 2.1 square kilometres. It has 3 parks covering nearly 3.5% of total area. The population of Berala in 2011 was 8,798 people. By 2016 the population was 9,046 showing a population growth of 2.8% in the area during that time. The predominant age group in Berala is 20-29 years.

Households in Berala are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Berala work in a trades occupation. In 2011, 59.8% of the homes in Berala were owner-occupied compared with 55.9% in 2016.

$suburbContentType.expertReport

Looking to invest or refinance? Compare investor loans, SMSF loans or speak to an advisor.

Key Market Data House Unit
Median price 1,220,000 494,000
Quarterly growth +12.81 -8.43
12-month growth +24.49 +12.27
Average annual growth +6.16 -1.95
Weekly median rent 480 350
Gross rental yield 2.35 4.15
Number of sales 57 26
Days on market 28 47
Jump to Market Trends
Key Demographics 2011 2016
Total population 8,798 9,046
5YR Population change +11.54 +2.80
Median household income (p/w) 1,020 1,326
5YR Household income change +16.04 +30.00
Median loan repayment (p/m) 153 149
Median age of persons 34 34
Jump to Demographics Trends
Advertisement

Looking to invest or refinance?

Get notified when our data is updated.

By subscribing you agree to our privacy policy.

Disclaimers

This publication contains data and statistics provided by the Australian Bureau of Statistics, available at http://www.abs.gov.au/ and reproduced under Creative Commons Attribution 2.5 http://creativecommons.org/licenses/by/2.5/au/legalcode.

The CoreLogic Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While CoreLogic uses commercially reasonable efforts to ensure the CoreLogic Data is current, CoreLogic does not warrant the accuracy, currency or completeness of the CoreLogic Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the CoreLogic Data.

Contains property sales information provided under licence from the Land and Property Information (“LPI”). RP Data Pty Ltd trading as CoreLogic is authorised as a Property Sales Information provider by the LPI.

This publication reproduces materials and content owned or licenced by RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic) and may include data, statistics, estimates, indices, photographs, maps, tools, calculators (including their outputs), commentary, reports and other information (CoreLogic Data).

© Copyright 2022. CoreLogic and its licensors are the sole and exclusive owners of all rights, title and interest (including intellectual property rights) the CoreLogic Data contained in this publication. All rights reserved.

Product Data licenced by CoreLogic under a Creative Commons Attribution licence. For details regarding licence, data source, copyright and disclaimers, see https://www.corelogic.com.au/legals/third-party-restrictions

Suburb borders rendered using geocodes provided by Openstreetmap.