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Berowra

Suburb Profile

Berowra - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2081

house

BEROWRA, 2081 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Investors saw the median home price rise to $1,130,000.

Profits due to an upward trend in home prices in the suburb averaged 8.87% per annum over a 3-year period.

BEROWRA now ranks at the 662nd place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in BEROWRA are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $630 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In BEROWRA, homes and units usually stay on listing for an average of 78.9 days.

In 2016, 57 properties were sold in BEROWRA during the past year, making it the 316th most active market in NSW based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,130,000 N/A
GROWTH REPORT
Median Quarterly -1.31% N/A
Median 12 month -2.16% N/A
Median 3 years 26.61% N/A
Median 5 years 61.89% N/A
10 years average annual 8.38% N/A
Weekly media advert. rent $630 N/A
Time on Market 78.9 days N/A
Gross Rental Yield Percent 2.9% N/A
demographics (median values)
Total Population
4282
Weekly Household Income
1719
Household Size
3.10
demographics
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