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AREA REPORTS

Berala

Suburb Profile

Berala - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2141

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a -3.19% capital gain.

Property investors in BERALA enjoyed capital gains of 4.2% 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 $881,000.

Profits due to an downward trend in home prices there averaged -1.06% per annum over a 3-year period.

Home owners selling their properties and realtors in BERALA usually have to wait an average of 59.2 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $495 mark, reflecting a 2.92% increase in returns based on the current median price in BERALA.

BERALA, 2141 places 333rd in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $881,000 $495,000
GROWTH REPORT
Median Quarterly 3.65% 10.99%
Median 12 month 4.2% 5.84%
Median 3 years -3.19% -13.16%
Median 5 years 5.19% 10%
10 years average annual 7.67% 5.41%
Weekly media advert. rent $495 $390
Time on Market 59.2 days 110.1 days
Gross Rental Yield Percent 2.92% 4.1%
demographics (median values)
Total Population
7890
Weekly Household Income
866.7
Household Size
3.00
demographics
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