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Berala

POSTAL CODE: NSW, 2141
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Homeowners and real estate investors betting on BERALA, 2141 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 10.95%.

A steady increase in median property prices over a five-year period in the suburb translates to a 40.66% capital gain.

Property investors in BERALA enjoyed capital gains of 10.95% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also 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 $1,555,000.

Profits due to an upward trend in home prices there averaged 13.55% per annum over a 3-year period.

Home owners selling their properties and realtors in BERALA usually have to wait an average of 48.3 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $720 mark, reflecting a 2.41% increase in returns based on the current median price in BERALA.

BERALA, 2141 places 190th in Australia based on median property value growth during the quarter.

Surburb overview

Berala is a culturally diverse suburb located approximately 16 kilometres west of Sydney's central business district, within the Cumberland Council area. Sharing the 2141 postcode with Lidcombe, the suburb borders Auburn, Regents Park, and Chullora.

As of the 2021 Census, Berala had a population of 8,757 residents. Approximately 35.6% of residents were born in Australia, with significant communities from China (17.3%), Vietnam (8.6%), the Philippines (3.2%), South Korea (2.6%), and Afghanistan (1.9%). While 21.3% of people spoke only English at home, other languages spoken included Mandarin (18.0%), Cantonese (14.4%), Arabic (5.9%), Vietnamese (4.8%), and Korean (3.1%).

Berala railway station, situated on the Main Southern line, serves the suburb with T3 Liverpool & Inner West Line and T6 Lidcombe & Bankstown Line services. The station underwent an accessibility upgrade completed in August 2017, which included the installation of lifts, accessible toilets, and improved facilities for commuters. Additionally, Transit Systems operates bus route 908, connecting Bankstown Station to Merrylands Station via Berala. The NightRide route N50 also serves the suburb, providing late-night transport between Liverpool Station and Town Hall Station.

Berala offers a variety of local shops and eateries, including a Woolworths supermarket adjacent to the train station, as well as Chinese, Vietnamese, and Thai restaurants in the town centre. The suburb is home to Berala Public School and St Peter Chanel Catholic Primary School. Nearby secondary schools include Trinity Catholic College (Regents Park Campus), Birrong Boys High School, and Birrong Girls High School. Coleman Park in Berala features soccer fields, a baseball field, a children's play area, and basketball facilities. The Berala Bears junior rugby league team, which has produced several professional players, is based in the neighbouring suburb of Regents Park.

Berala comprises a mix of separate houses (60%), semi-detached houses (12%), and apartments (26%). The average household size is three people. As of recent data, the median house price in Berala is approximately $1,075,000, while the median unit price is around $393,500. The suburb has a relatively active property market, with properties spending a median of 31 days on the market. 

The NSW Government's Transport Oriented Development Program proposes upzoning areas within 400 metres of train stations, including Berala, to allow for six-storey buildings. This initiative aims to address housing shortages but has faced opposition from the Cumberland Council and residents due to concerns over infrastructure and community consultation.

The name "Berala" is derived from "Bareela," an Aboriginal word for a musk duck. The suburb's railway station opened in 1912, followed by the public school in 1924 and the post office in 1927. Berala has a rich history and has evolved into a multicultural community over the years.

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