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Berkeley Vale

POSTAL CODE: NSW, 2261
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A steady increase in median property prices over a five-year period in the suburb translates to a 9.83% capital gain.

It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $950,000

The augmented property values in the suburb are trailing above the territorial average of 5.34% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $680.

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

The NSW suburb ranks 361st on the list of best yielding suburbs for rental properties in NSW, posting a 3.72% return.

It also places places 710th in Australia based on median property value growth during the quarter.

Surburb overview

Berkeley Vale is a lakeside suburb on the NSW Central Coast about 87 kilometres north of the Sydney CBD by road. It sits on the eastern shore of Tuggerah Lake, roughly 19–24 kilometres north of Gosford’s CBD along Wyong Road and arterial links.

The 2021 ABS Census counted 8,948 residents with a median age of 36 and a substantial share of family households.

Separate houses make up almost 90 per cent of occupied dwellings, with smaller proportions of townhouses and flats in established streets.

Local buses connect Berkeley Vale with Tuggerah Station, about six kilometres away, where intercity trains run to Sydney and Newcastle. Direct services to Tuggerah typically depart every 20 minutes and take under 15 minutes in regular traffic.

Regular buses also operate to Wyong and Gosford, providing wider access to employment, education and health services across the region. Commuters typically combine local buses with intercity rail at Tuggerah for metropolitan travel to the Sydney CBD and Parramatta.

Daily shopping needs are met locally, while major retail anchors sit at Westfield Tuggerah on Wyong Road and Bateau Bay Square at Bay Village Road.

Berkeley Vale Public Hospital on Lorraine Avenue serves the suburb, with Wyong Hospital and Gosford Hospital providing additional acute care nearby.

Schooling includes Berkeley Vale Public School and the Berkeley Vale campus of Tuggerah Lakes Secondary College, supported by dedicated bus services.

Recreation centres on the Tuggerah Lake foreshore, where the shared walking and cycling path links neighbourhood parks and picnic spots.

Mingara Recreation Club in the adjoining suburb of Tumbi Umbi offers aquatic facilities, fitness and dining, all within a short drive south of the suburb.

Residents use nearby beaches at Shelly Beach and Bateau Bay for swimming and surfing, reached by short road or bus trips.

The street network follows Wyong Road and Lakedge Avenue, with residential pockets oriented to lake access and open space.

A younger median age than the NSW figure and a predominance of separate houses reflect family-oriented demographics in a suburban lakeside setting.

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