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 12.53%.
A steady increase in median property prices over a five-year period in the suburb translates to a 25.27% capital gain.
Property investors in BERALA enjoyed capital gains of 12.53% 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 $1,010,000.
Profits due to an upward trend in home prices there averaged 8.42% per annum over a 3-year period.
Home owners selling their properties and realtors in BERALA usually have to wait an average of 0.0 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $530 mark, reflecting a 2.73% increase in returns based on the current median price in BERALA.
BERALA, 2141 places 133rd in Australia based on median property value growth during the quarter.
Real estate investors could earn a rental income of $400 based on current median home prices for the suburb.
Average weekly rents on listings have reached the $400 mark, reflecting a 4.38% increase in returns based on the current median price in BERALA.
BERALA, 2141 ranks 543rd in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
BERALA ranks 171st on the list of best yielding suburbs for rental properties in NSW, posting a 4.38% return.
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